May 6, 2021/Cordros Report EQUITIES The local bourse posted a third consecutive decline in today’s session, as investors sold off on bellwethers – MTNN (-4.7%) and DANGCEM (-2.5%). Consequently, the All-Share Index moderated by -0.8% to 39,114.73 points. Accordingly, the Month-to-date and Year-to-Date losses increased to -1.8% and -2.9%, […]
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MTNN, STANBIC Drags NGX to -0.92% Loss amid Sustained Bearish Activity
May 5, 2021/Cordros Report EQUITIES The domestic equities market extended its losses from yesterday’s session, as the All-Share Index declined by 0.9% to 39,456.64 points. This performance was primarily driven by losses in MTNN (-2.4%) and STANBIC (-10.0%). Consequently, Month-to-Date and Year-to-Date losses increased to -0.9% and -2.0%, respectively. […]
Market Closes Down -0.87% on Negative Sentiments in MTNN, Most Sectors
May 5, 2021/InvestmentOne Report The Nigerian equities market closed negative today as NSE-ASI shed 0.87% to close at 39,532.92pts. In today’s trade, market breadth index was negative with 22 losers against 16 gainers . STANBIC (-10.00%) led the losers today while LASACO (+9.62%) was the top gainer. FBNH (-1.35%) was the most actively traded […]
