May 6, 2025/CSL Research The Nigerian equities market posted a modest rebound in April 2025, reversing the decline seen in the previous month. The recovery was fueled by strong Q1 2025 corporate earnings and the successful listing of Legend Internet Plc, an internet service provider whose stock has surged by […]
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NGX-ASI Closed Bullish…Up by 156bps
May 6, 2025/United Capital Report Today, the Nigerian Exchange (NGX) closed on a positive note following share price appreciation in MTNN (+9.16%) and NESTLE (+10.00%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 1.56% to close at 108,361.10 points. YTD returns settled at 5.28%, while market capitalization closed […]
Bargain-Hunting Continues as ETI, NESTLE Lift Nigerian Stocks to +1.6% Gain
May 6, 2025/Cordros Report EQUITIES Bargain-hunting activities continued today in the Nigerian equities market, with ETI (+10.0%) and NESTLE (+10.0%) lifting the bourse. Consequently, the ASI ended the session 1.6% higher at 108,361.10 points with the Month-to-Date and Year-to-Date returns settling at +2.6% and +5.3%, respectively. The total volume of […]
