December 4, 2024/Cordros Report EQUITIES The bulls resurfaced in the domestic stock market as gains in SEPLAT (+7.6%) and WAPCO (+7.6%) drove the benchmark index higher by 0.5% to 98,174.99 points. Accordingly, the Month-to-Date and Year-to-Date returns improved to +0.7% and +31.3%, respectively. The total volume of trades declined by […]
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Intraday Update: Nigerian Stocks Inch Up +0.49%, Buoyed by Blue Chips
December 4, 2024/InvestmentOne Update ASI as at 12.00pm: +0.49% Top Gainers and Losers: TIP (+9.72%), FTNCOCOA (+9.50%), HMCALL (-9.15%) and DAARCOMM (-8.93%). Sector Performances: Oil & Gas (+3.12%), Industrial (+0.86%), Banking (+0.02%) and Consumer Goods (-0.62%). Market activity: In today’s trade, total volume and value decreased by 74% and 38% […]
ARADEL, WAPCO Drags Nigerian Stocks to Bearish Zone -3bps
December 3, 2024/Cordros Report EQUITIES The Nigerian equities market traded with mixed sentiments, albeit with a bearish tilt, as sell pressures on ARADEL (-8.7%) outweighed gains in WAPCO (+10.0%). Consequently, the All-Share Index inched lower by 3bps to 97,702.56 points, with the Month-to-Date and Year-to-Date returns settling at +0.2% and […]
