May 22, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in UBA (+0.45%) and OANDO (+5.00%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.22% to settle at 249,712.37 points Year to date returns […]
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Sell Pressures in Blue Chips Drag Nigerian Stocks to -0.3% Weekly Loss
Profit-taking activities dominated the local bourse this week as investors consolidated recent gains across select large-cap names. Specifically, sell pressures on BUACEMENT (-3.5%), GTCO (-1.2%), DANGSUGAR (-4.4%), NASCON(-5.4%), and UACN(-5.0%) dragged the All Share Index lower by 0.3% w/w to 249,540.75 points May 22, 2026/Cordros Report Global According to the […]
Nigerian Equities Gain +0.1% on Bellwether Interest
May 21, 2026/Cordros Report EQUITIES The Nigerian Equities market reversed yesterday’s loss as the gains in UNILEVER (+9.8%), UACN (+3.8%), and INTBREW (+3.7%) drove a 0.1% increase in the All-Share Index to 249,062.37 points. Consequently, the Month-to-Date and Year-to-Date returns settled higher at +2.8% and +60.1%, respectively. The total volume […]
