January 8, 2024/Cordros Report EQUITIES The local bourse carried on last week’s bullish run following bargain hunting in WAPCO (+9.7%) and TRANSCORP (+9.8%). Notably, the All-Share Index rose above the 80,000 psychological mark, advancing by 0.8% to 80,324.53 points. Accordingly, the Year-to-Date return increased to +7.4%. The total […]
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FIDELITYBANK Proposes Rights Issue of 3.2Bn Ordinary Shares at N10 Per Share
January 5, 2024/NGX Fidelity Bank Plc has through its Stockbrokers, APT Securities & Funds Limited, submitted an application to Nigerian Exchange Limited for the approval and listing of a Rights Issue of Three Billion, Two Hundred Million (3,200,000,000) ordinary shares of 50 kobo each at N10 per share on the […]
NGX Close First Weekly Trading Bullish +6.5%, Driven by Blue-Chip Telecom Stocks
The local stock market celebrated a bullish start to the first trading week of 2024, with gains recorded on all trading sessions this week. Accordingly, the benchmark index surged, and broke through the 79,000 points mark to record a substantial 6.5% w/w gain to closing at 79,664.66 points. January 5, […]
