February 20, 2024/InvestmentOne Report The NGXASI declined by 1.30% today to close at 101,060.67pts, as profit taking activities in BUACEMENT (-9.98%), FBNH (-8.42%) and TRANSCORP (-5.80%) drove the market into the red zone. In the Fixed income space, the Treasury Bills secondary market closed flat, as yields remained unchanged across all tenors, […]
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Bears Sustain Hold on NGXASI as Index Drops -1.3%, Dragged by BUACEMENT, FBNH
February 20, 2024/Cordros Report EQUITIES Bearish sentiments continued in the local bourse following sell pressures on BUACEMENT (-10.0%) and FBNH (-8.4%). As a result, the All-Share Index declined by 1.3% to close at 101,060.67 points. Consequently, the Month-to-Date and Year-to-Date returns settled at -0.1% and +35.2%, respectively. The total volume […]
Dangote Cement, MTNN Drags Nigerian Stocks to Open Week Bearish -3.2%
February 19, 2024/Cordros Report EQUITIES Trading in the Nigerian stock market started the week with bearish sentiments as profit-taking activities in DANGCEM (-10.0%) and MTNN (-10.0%) undermined the market’s performance. Precisely, the All-Share Index declined by 3.2% to 102,393.23 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to +1.2% […]
