March 19, 2018/Cordros Report EQUITIES The bears dominated the equities market for the fourth consecutive session, with the ASI dipping 0.21% to 41,845.92 points. Accordingly, the Month-to-Date loss increased to 3.43%, while the Year-to-Date gain dropped to 9.42%. The Insurance (-1.72%) and Consumer Goods (-1.14%) indices recorded losses, as investors […]
Investors Bite
SEC Suspends Trading in the Securities of New Global Energy Inc
March 16, 2018/US SEC The Securities and Exchange Commission (“Commission”) announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the “Exchange Act”), of trading in the securities of New Global Energy, Inc. (“NGEY”), a Wyoming corporation, at 9:30 a.m. EDT on March 19, 2018, […]
Nigerian Stocks Sustain Bearish Run, Opens Week Negative on Sell-Offs in Consumer Names
March 19, 2018/InvestmentOne Report The Nigerian equities market continued its downtrend as it opened the week on a bearish note, losing 0.21%. Market breadth index was negative with 14 gainers against 36 decliners. CILEASING (+9.94%) was the best performing stock while CADBURY (-9.65%) had the worst performance. ZENITHBANK (+1.45%) was […]
