August 15, 2023/Cordros Report EQUITIES The domestic equities market extended yesterday’s loss in today’s session, as investors took profits off DANGSUGAR (-4.4%) and FBNH (-1.9%) stocks. Thus, the All-Share Index dipped by 0.2% to 64,928.98 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to +0.9% and +26.7%, respectively. The total […]
Investors Bite
Negative Sentiment Persists as NGXASI Dips -0.17% Dragged by Sell-Offs
August 15, 2023/InvestmentOne Report The local equities market fell by 0.17% as the NGX-ASI settled at 64,928.98pts. In today’s trade, market breadth index was negative with 31 losers against 19 gainers. TANTALIZER (+10.00%) was the top gainer today, while ETERNA (-9.86%) led the losers. TRANSCORP was the most actively traded stock […]
MTN Group Announces Resilient Results in H1 2023, Mastercard Signs MoU to Acquire $5.2Bn Minority Investment in Fintech Business Unit
August 14, 2023/MTN Group In the first half of 2023, MTN Group delivered resilient results, advanced our strategy by partnering with Mastercard on the MTN fintech business, and progressed plans to exit Afghanistan. This was achieved in a difficult operating environment marked by elevated inflation, weaker local currencies and regulatory […]

