The Nigerian equities market traded marginally higher this week as gains in WAPCO (+28.6%) and DANGSUGAR (+16.7%) outweighed losses in FBNH (-8.0%) and ACCESSCORP (-7.5%), nudging the All-Share Index up by 0.1% w/w to 97,725.64 points. November 22, 2024/Cordros Report Global According to the Office for National Statistics (ONS), consumer […]
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Bears Resurface as Nigerian Stocks Dip -0.2% on Losses in GTCO, OANDO
November 21, 2024/Cordros Report EQUITIES The bears resurfaced in the Nigerian equities market as sell pressures on OANDO (-5.6%) and GTCO (-2.5%) caused the All-Share index to decline by 0.2% to 98,050.12 points. As a result, the Month-to-Date and Year-to-Date returns moderated to +0.4% and +31.1%, respectively. The total trading volume […]
NGXASI Declines -0.18%, Dragged by ACCESS, GTCO, OANDO
November 21, 2024/InvestmentOne Report The NGXASI declined today by 0.18% to close at 98,050.12pts, as the selling pressure noted in OANDO (-5.59%), GTCO (-2.50%) and ACCESSCORP (-3.36%) drove the local bourse into the red zone. In the fixed income space, the Treasury Bills secondary market was mostly flat today as yields had […]
