September 26, 2023/Cordros Report EQUITIES Bearish sentiments persisted in the local bourse today as investors sold off BUACEMENT (-1.2%), GTCO (-2.9%), and ZENITHBANK (-3.0%) stocks. As a result, the NGX ASI dipped further by 0.3% to close at 66,652.17 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to +0.2% and […]
Investors Bite
NGX Announces Prohibition of Cash Payments for Purchase and Sale of Securities
September 26, 2023/NGX Trading License Holders are reminded that cash payments for the purchase and sale of securities is strictly prohibited. The relevant provisions of the Rulebook of The Exchange, 2015 (Dealing Members’ Rules) have been reproduced below for ease of reference: Rule 11.13: Payments for Purchase or Sale of […]
NGX Removes Compliance Status Indicator of BLS Beside Transcorp Hotels over Compliance
September 25, 2023/NGX Transcorp Hotels Plc has notified that further to the Company achieving compliance with Nigerian Exchange Limited’s (NGX) free float requirement for companies listed on its Main Board, the NGX has removed the Compliance Status Indicator (CSI) of BLS (Below Listing Standard) placed beside the Company’s name across […]
