The Nigerian equities market closed the week lower for the third consecutive week, as selloffs in MTNN (-4.2%), OANDO (-7.1%) and UBA (-3.6%) dragged the All-Share Index (ASI) lower by 0.5% w/w to 105,955.13 points. March 14, 2025/Cordros Report Global According to the Bureau of Labor Statistics (BLS), headline inflation […]
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Bulls Resurface as Nigerian Equities Gain +0.1%, Driven by INTBREW, NB
March 13, 2025/Cordros Report EQUITIES Bullish sentiments resurfaced in the domestic stock market as gains in INTBREW (+9.6%) and NB (+3.2%) caused a 0.1% increase in the benchmark index to 106,220.94 points. Consequently, the Month-to-Date and Year-to-Date returns settled at -1.5% and +3.2%, respectively. The total trading volume decreased by […]
NGXASI Gains +0.12%, Buoyed by Bellwether Counters
March 13, 2025/InvestmentOne Report The NGXASI rose by 0.12% today to close at 106,220.62pts, as positive sentiments observed in INTBREW (+9.62%), NB (+3.23%) and ZENITHBANK (+0.52%) drove the domestic bourse into the green zone. In the fixed income space, the Treasury Bills secondary market traded on a bearish note, mostly driven by […]
