Investors Bite

US Institutional Investors Eye Nigerian Capital Market, Urge Regulatory Reforms

October 11, 2023/NGX Institutional investors from the United States under the Institutional Investor Network have expressed interest in allocating their capital and exploring more direct investment opportunities in the Nigerian capital market. This was the subject of discussion at an engagement between Nigerian Exchange Limited (NGX) and a delegation from […]

ETI, PRESCO Drags Nigerian Equities -0.2%

October 10, 2023/Cordros Report EQUITIES   The Nigerian equities market reversed yesterday’s gains following the late profit-taking activities in PRESCO (-9.5%) and ETI (-5.3%). Consequently, the All-Share Index lost 0.2% to close at 66,984.62 points, with the MTD and YTD returns moderating to +0.9% and +30.7%, respectively.   The total […]

Bears Rebound on Equities; Tier 1 Banks Drags Market Previous Day Gains; NGXASI Slide 17bps

—-Naira Gain 100bps October 10, 2023/Research & Strategy Futureview Financial Services Click here to download the full report Equities Market The Nigerian Exchange closed the day’s trading on a negative note, driven by high sell-offs in the banking sector, leading the NGX All-Share Index (NGXASI) to close the day at 66,984.62 points, […]