Investors Bite

Nigerian Bourse Edge Higher +0.3%, Buoyed by GTCO

May 9, 2024/Cordros Report EQUITIES The local bourse edged higher in today’s trading session as buying interest in GTCO (+5.3%) supported market performance. Thus, the All-Share Index inched higher by 3bps to close at 98,255.72 points. Accordingly, the Month-to-Date and Year-to-Date returns printed 0.0% and +31.4%, respectively. The total volume traded […]

Intraday Update: Nigerian Stocks Gain +0.11%, Buoyed by Blue Chips

May 9, 2024/InvestmentOne Update ASI as at 12.00pm: +0.11%  Top Gainers and Losers: LEARNAFRCA (+10.00%), GUINEAINS (+9.68%), PZ (-9.94%) and SOVRENINS (-9.52%).  Sector Performances: Banking (+1.65%), Consumer Goods (-0.55%), Oil & Gas and Industrial.  Market activity: In today’s trade, total volume and value increased by 141% and 100%, when compared […]

Nigerian Bourse Trades with Mixed Sentiments, Indices Flat at 98,000 Points

May 8, 2024/Cordros Report EQUITIES The local bourse traded with mixed sentiments as losses in WAPCO (-5.4%) and ZENITHBANK (-2.6%) offset a gain in MTNN (+2.3%). Thus, the All-Share Index traded flat at 98,223.97 points. As a result, the Month-to-Date return was flat, while the Year-to-Date return remained at +31.4%. […]