January 10, 2024/Cordros Report EQUITIES The local stock market paused its winning streak in today’s trading session as profit-taking activities in MTNN (-4.4%) and tier-1 banking names undermined market performance. Thus, the All-Share index closed lower by 1.4% to 82,024.38 points. Consequently, the Year-to-Date return moderated to +9.7%. […]
Investors Bite
Bears Halt Bullish Run as NGXASI Dips -140bps, Investors Loss N638.85Bn
NGXASI stands at +9.70% (YTD); Naira appreciated by 0.66% to N1082.32/(USD) January 10, 2024/Futureview Research Click here to download the full report EQUITIES MARKET: Bulls and bears wrangle as The Nigerian Equities market closed the mid-week trading session on a negative note, marking the first bearish close for the year. […]
Nigerian Equities Surge in Bullish Run, Index Higher +3.6% Buoyed by DANGCEM, MTNN
January 9, 2024/Cordros Report EQUITIES The Nigerian equities market saw a surge in bullish momentum, propelled by renewed interest in DANGCEM (+3.7%) and MTNN (+3.5%), which drove the benchmark index higher by 3.6% – the highest point since 30th June 2023 (+4.0%). As a result, the NGX ASI concluded the […]
