January 22, 2025/Cordros Report EQUITIES The local bourse traded with bearish sentiments in today’s session as profit-taking activities in MTNN (-3.6%) caused a 0.3% decline in the benchmark index to 102,836.35 points. Consequently, the Year-to-Date returns settled at -0.1%. The total trading volume decreased by 10.3% to 394.82 million units, […]
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CSL Equities Outlook 2025
January 22, 2025/CSL Research Yesterday, we published our equities and fixed income outlook for 2025. We maintain a positive outlook for the year, driven by expectations of minimal Naira devaluation, improved macroeconomic conditions and gradual reduction in fixed-income rates. Furthermore, limited alternative investment options are likely to support continued market […]
Nigerian Equities Sustain Bullish Run, Gains +0.8% Following NCC Tariff’s Hike
January 21, 2025/Cordros Report EQUITIES The Nigerian equities market sustained its bullish momentum, driven by bargain hunting in MTNN (+10.0%) following the NCC’s approval of a 50.0% tariff hike for telecommunication services. As a result, the All-Share Index advanced by 0.8% to close at 103,137.99 points, pushing the Year-to-Date return […]
