May13, 2025/CSL Research April 2025 in Retrospect 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 […]
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TRANSCORP, OANDO Drives Nigerian Stocks to +0.55 Gain
May 13, 2025/Cordros Report EQUITIES The domestic stock market reversed yesterday’s losses as buying interest in TRANSCORP (+10.0%) and OANDO (+10.0%) drove a 0.5% increase in the benchmark index to 108,762.60 points. Accordingly, the Month-to-Date and Year-to-Date returns improved to +2.8% and +5.7%, respectively. The total volume of trades increased […]
NGX-ASI Closed Bullish…Up by 27Bps
May 13, 2025/United Capital Report Today, the Nigerian Exchange (NGX) closed on a positive note following share price appreciation in TRANSCOR (+9.99%) and OANDO (+10.00%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 0.27% to close at 108,763.34 points. YTD returns settled at 5.67%, while market capitalization closed […]
