Investors Bite

Nigerian Bourse Sustains Bearish Run NGXASI Dips -1.8% Dragged by Dangote Cement

August 9, 2023/Cordros Report EQUITIES   The local bourse sustained yesterday’s bearish sentiments as investors sold off DANGCEM (-9.1%). Thus, the All-Share Index dipped by 1.8% to close at 64,167.39 points. Accordingly, the Month-to-Date loss settled at -0.3%, while the Year-to-Date gain moderated to +25.2%.   The total volume traded […]

MTN, DANGCEM, FBNH Stocks Dip, NGXASI Slips 1.75%

—–Naira Drops 3.28% August 9, 2023/Research & Strategy Futureview Financial Services Click here to download the full report Equities Market The local stock market concluded the mid-week session with a downward trajectory, as bearish sentiment persisted, resulting in widespread selling pressure. The overall weak performance prompted the NGX All-Share Index […]

Equities Market Trades with Mixed Sentiments as GEREGU Drags NGXASI Lower -0.04%

August 8, 2023/Cordros Report EQUITIES   The equities market traded with mixed sentiments, albeit with a bearish tilt as late selloffs of GEREGU (-6.4%) led the benchmark index 4bps lower to 65,309.65 points. Consequently, the Month-to-Date and Year-to-Date gains moderated to +1.5% and +27.4%, respectively.   The total volume traded […]