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GTCO, ZENITHBANK Drags Nigerian Bourse to Bearish Zone -0.1%

September 14, 2023/Cordros Report EQUITIES   The local bourse reversed yesterday’s gains as the NGX ASI declined by 0.1% to close at 67,335.30 points. Today’s market performance was undermined by sell pressures on some tier 1 banking names, GTCO (-3.0%) and ZENITH (-2.5%). Thus, the MTD and YTD gains printed […]

Bulls Resurface as Nigerian Bourse Gains +0.9% Driven by DANGSUGAR, GTCO

September 13, 2023/Cordros Report EQUITIES   Bullish sentiments resurfaced in the domestic equities market as bargain-hunting on DANGSUGAR (+10.0%) and GTCO (+6.0%) triggered a 0.9% gain in the All-Share Index to 67,378.88 points. Consequently, the Month-to-Date and Year-to-Date returns increased to +1.3% and +31.5%, respectively.   The total volume of […]

Bulls Rebound On Equities; NGXASI Gained 98bps; DANGSUGAR, NASCON, ACCESSCORP, OANDO Advance

—Naira Down by 2.16% September 13, 2023/Research & Strategy Futureview Financial Services Click here to download the full report Equities Market The Domestic bourse concluded the mid-week trading session of the week on a bullish note, primarily driven by investors regained interest in the Banking and Insurance sectors, causing equities to gain […]