December 16, 2020/Cordros Report EQUITIES The domestic equities market sustained positive trading, following buying interests in NESTLE (+7.5%), ZENITHBANK (+2.6%) and GUARANTY (+1.2%) stocks. As a result, the NSE ASI increased by 0.8% to 35,493.15 points. Consequently, Month-to-Date and Year-to-Date gain increased to 1.3% and 32.2%, respectively. The total […]
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NSE-ASI Gains +0.76% amid Sustained Bargain Hunting
December 16, 2020/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI gained 0.76% to close at 35,493.15pts. Similarly, market breadth index was positive with 26 gainers against 13 losers. MANSARD (+10.00%) led the gainer’s chart today, while CORNERST (-8.33%) was the top loser. JAIZBANK (+3.51%) was the most actively traded stock with about 415million […]
Nigerian Stocks Extend Gains by +1.1% Driven by Bellwethers
December 15, 2020/Cordros Report EQUITIES The local bourse extended yesterday’s gain as interest in bellwethers, DANGCEM (+3.7%), ZENITHBANK (+4.0%), WAPCO (+7.1%) and GUARANTY (+1.7%) supported proceedings today. Precisely, the NSE ASI advanced by 1.1% to 35,225.22 points. Consequently, Month-to-Date return (+0.5%) turned positive, as Year-to-Date gain increased to +31.2%. The […]
