The NGX ASI closed the week 0.8% lower w/w, weighed down by losses in MTNN (-3.3%), WAPCO (-5.2%), ZENITHBANK (-3.0%), GTCO (-2.3%) and OANDO (-6.9%). Consequently, the MTD and YTD returns moderated to +3.4% and +40.5%, respectively. August 15, 2025/Cordros Report Global According to the Bureau of Labor Statistics (BLS), […]
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NGXASI Dips -0.34% on Bellwether Losses
August 14, 2025/InvestmentOne Report The NGXASI declined by 0.34% today to close at 145,367.03pts, as losses in DANGSUGAR (-7.89%), TRANSCORP (-2.34%) and SEPLAT (-1.30%) drove the domestic bourse into the red zone for the second consecutive session. In the fixed income space, the Treasury Bills secondary market closed slightly positive, due […]
Profit-Taking in Blue Chips Weighs Down Nigerian Equities Market -0.4%
August 14, 2025/Cordros Report Profit-taking activities continued today in the Nigerian equities market, with DANGSUGAR (-7.9%), TRANSCORP (-2.3%) and SEPLAT (-1.3%) weighing down the bourse. Consequently, the ASI ended the session 0.4% lower to 145,300.01 points with the Month-to-Date and Year-to-Date returns moderating to +3.9% and +41.2%, respectively. The total […]
