January 17, 2025 By Rukayat Adeyemi Culled: NAN The equity market rebounded on Thursday from its previous session’s loss, gaining N53 billion. Investor interest in key stocks such as Dangote Cement, FBN Holdings, Guaranty Trust Holding Company (GTCO), and Fidelity Bank, alongside other advancing equities, contributed to the market’s positive […]
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Bellwether Counters Drag Nigerian Equities to 2.9% Weekly Loss
Bearish sentiments dominated the Nigerian equities market this week, as sell pressures on DANGCEM (-16.5%), TRANSCORP (-8.8%), MTNN (-3.7%) and FBNH (-3.3%) weighed the All-Share Index down by 2.9% w/w to 102,353.68 points. January 17, 2025/Cordros Report Global According to the Bureau of Labor Statistics (BLS), consumer prices in the […]
Bulls Resurface as Nigerian Stocks Gain +0.1%, Driven by Bellwether Counters
January 16, 2025/Cordros Report EQUITIES Positive sentiments resurfaced in the domestic stock market driven by gains in DANGCEM (+3.1%), DANGSUGAR (+9.9%) and GTCO (+1.1%). Consequently, the All-Share Index inched higher by 0.1% to 102,183.06 points, with the Year-to-Date return settling at -0.7%. The total volume of trades advanced by 9.5% […]
