Investors Bite

FIRSTHOLDCO, OANDO Drags Nigerian Stocks to -0.1% Weekly Loss

Bearish sentiment prevailed in the domestic equities market this week, as sell pressures on OANDO (-13.1%) and FIRSTHOLDCO (-7.6%) dragged the All-Share Index lower by 0.1% w/w to 105,511.89 points. April 4, 2025/Cordros Report Global According to the United States Bureau of Labor Statistics, total non-farm payroll employment in the […]

NGXASI Declines -0.02% on Losses in FIRSTHOLDCO, OANDO, PZ

April 3, 2025/InvestmentOne Report The NGXASI declined by 0.02% today to close at 105,525.26pts, as selloffs in FIRSTHOLDCO (-4.58%), PZ (-9.97%) and OANDO (-2.19%) drove the domestic bourse into the negative region. In the fixed income space, the Treasury Bills secondary market closed slightly positive driven by bullish sentiment observed across all […]

Bears Sustain Hold as Nigerian Equities Dips -0.02%, Dragged by FIRSTHOLDCO, PZ

April3, 2025/Cordros Report EQUITIES Bearish sentiments persisted in the Nigerian equities market, as sell pressures in FIRSTHOLDCO (-4.6%) and PZ (-10.0%) caused a 2bps decline in the All-Share Index to 105,525.26 points. Consequently, the Month-to-Date and Year-to-Date returns settled at -0.1% and +2.5%, respectively. The total volume traded declined by […]