The Nigerian equities market advanced this week, snapping a four-week losing streak, as renewed buying interest in banking stocks lifted the All-Share Index by 0.7% w/w to 105,660.64 points. March 28, 2025/Cordros Report Global According to S&P Global, the United States’ (US) Composite PMI rose to a three-month high of […]
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NGXASI Declines -0.06% on Losses in FIRSTHOLDCO, OANDO, ZENITHBANK
The NGXASI declined by 0.06% today to close at 105,426.12pts, as selloffs in OANDO (-3.80%), FIRSTHOLDCO (-2.44%) and ZENITHBANK (-2.25%) drove the domestic bourse into the red terrain. In the fixed income space, the Treasury Bills secondary market closed negative driven by bearish sentiment observed on the short and mid tenor instruments. […]
FIRSTHOLDCO, ZENITHBANK Drags Nigerian Stocks to -0.1% Loss
March 27, 2025/Cordros Report EQUITIES Bearish sentiments persisted in the Nigerian equities market, as sell pressures in ZENITHBANK (-2.3%) and FIRSTHOLDCO (-2.4%) caused a 0.1% decline in the All-Share Index to 105,426.12 points. Sequentially, the Month-to-Date and Year-to-Date returns printed -2.2% and +2.4%, respectively. The total volume of trade decreased […]
