23/5/2017/Cordros Research Click here for full PDF Report EQUITIES The market closed higher, despite a reported contraction (for the fifth consecutive quarter) in Nigeria’s GDP in Q1-2017. Indeed, investors shifted focus to recent positive developments in the macroeconomic space including relative stability in the foreign exchange market. The All Share […]
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Stocks Close Lower on Profit-Taking after Four Straight Sessions of Gains
May 22, 2017/Cordros Report Click here to download full PDF Report EQUITIES The market closed lower, owing to profit-taking (following four straight sessions of gains) in banking and consumer goods stocks. The All Share Index shed 0.12% to close at 28,078.30 points. Today’s performance reduced the Month-to-Date and Year-to-Date gain […]
NSE ASI plummets by 12.5 bps amid bearish activities
May 22, 2017/Cowry Asset Overall equities market performance measures, NSE ASI and market capitalisation, plummeted by 12.5 bps amid bearish activities. Elsewhere, NIBOR increased across all the tenor buckets amid sustained liquidity strain… click here to view details.
