February 16, 2021/Cordros Report EQUITIES The local bourse retraced in today’s trading session, as the benchmark index declined by 0.2% to 40,494.35 points, as investors took profits off STANBIC (-4.4%) and NB (-3.3%). Consequently, the Month-to-Date loss increased to -4.5%, while the Year-to-Date gain moderated to +0.6%. The total volume […]
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Consumer, Banking Indices Drag Nigerian Stocks Down -0.19%
February 16, 2021/InvestmentOne Report The Nigerian equities market closed negative today as NSE-ASI lost 0.19% to close at 40,494.35pts. However, market breadth index was positive with 22 gainers against 20 losers. LEARNAFRCA (+9.28%) led the gainer’s chart today, while UPDCREIT (-10.00%) was the top loser. GUARANTY (+0.32%) was the most actively traded stock with about […]
Nigerian Equities Market Rebounds +0.33% amid Renewed Bullish Activity
February 15, 2021/Cordros Report EQUITIES Trading in the domestic equities market started the week on a positive note, following buying interests in SEPLAT (+10.0%), WAPCO (+5.1%) and Tier-1 banking stocks. Consequently, the NSE ASI inched higher by 0.3% to 40,571.67 points. Accordingly, the Month-to-Date loss moderated to -4.3%, while the […]

