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UBA, TRANSCORP. WAPCO Boost Nigerian Stocks to +0.2% Gain

January 20, 2021/Cordros Report EQUITIES Trading in the domestic equities market retraced in today’s session, as the benchmark index advanced by 0.2% to 41,147.72 points following investors’ interests in WAPCO (+8.2%), UBA (+2.3%) and TRANSCORP (+9.4%) stocks. Consequently, Month-to-Date and Year-to-Date returns increased to +2.2%. The total volume traded increased […]

Bulls Resurfaces on Nigerian Bourse, Index Up +0.23% on Gains Across Sectors

January 20, 2021/InvestmentOne Report The Nigerian equities market closed positive today as NSE-ASI gained 0.23% to close at 41,147.72pts. Similarly, market breadth index was positive with 55 gainers against 16 losers. NNFM (+10.00%) led the gainer’s chart today, while SUNUASSUR (-10.00%) was the top loser. MBENEFIT (+10.00%) was the most actively traded stock with about […]

Nigerian Bourse Extends Loss, Inch Down -0.1% Industrial, Banking Counters

January 19, 2021/Cordros Report EQUITIES The local bourse extended yesterday’s loss, as investors sold off BUACEMENT (-1.1%), ACCESS (-3.7%) and UBA (-2.2%) stocks. As a result, the All-Share Index declined by 0.1% to 41,051.63 points. Consequently, Month-to-Date and Year-to-Date returns moderated to +1.9%. The total volume of trades declined by […]