October 17, 2024/Cordros Report EQUITIES The Nigerian equities market closed on a bearish note, as sell pressures on GTCO (-3.9%), OANDO (-5.8%), and ARADEL (-10.0%) weighed down the All-Share Index by 0.2% to 98,081.38 points. Sequentially, the Month-to-Date and Year-to-Date returns printed -0.5% and +31.2%, respectively. The total volume traded […]
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NGXASI Dips -0.25% on Losses in Bellwether Counters
October 16, 2024/InvestmentOne Report The NGXASI declined today by 0.25% to close at 98,291.53pts as the selloffs in the share prices of OKOMUOIL (-6.86%), NESTLE (-2.25%) and FIDELITYBK (-2.34%) drove the local bourse into the positive zone. In the fixed income space, the Treasury Bills secondary market closed downwards due to the […]
Bears Resurface as Nigerian Stocks Loss -0.3%, Dragged by ARADEL, NESTLE, OKOMUOIL
October 16, 2024/Cordros Report EQUITIES · The bears resurfaced in the domestic equities market as profit-taking activities in OKOMUOIL (-6.9%), NESTLE (-2.3%), and ARADEL (-5.6%) triggered a 0.3% decrease in the All-Share Index to 98,291.53 points. As a result, the Month-to-Date and Year-to-Date returns settled at -0.3% and +31.5%, respectively. The […]
