Investors Bite

Market development: NGX Group woos FG, targets foreign investment inflows

July 14, 2023/NGX Amid bullish sentiments seen in Nigeria’s stock market recently, the Board and Management of Nigerian Exchange Group Plc (NGX Group) have said that they are open to working with the Federal government, as well as stakeholders towards improving the country’s credit profile and creating a favorable environment […]

Mid-Week Sell Pressures on Bellwether Counters Drag Weekly Index Down -0.8%

Notably, mid-week sell pressures on MTNN (-3.6%), FBNH (-22.1%) and ACCESSCORP (-20.3%) caused a 0.8% w/w decline in the benchmark index to 62,569.73 points. July 14, 2023/Cordros Report Global Economy Consumer prices in the United States (US) eased more than market expectations in June, leading to rising expectations that the […]

Downward Spiral: Equities Market Plunges, Investors Suffer Loss of N97.58 Billion as Week Closes

July 14, 2023/Research & Strategy Futureview Financial Services Click here to download the full report Equities Market The Nigerian stock exchange concluded the week with a downward trend, as market bears continued to exert control, resulting in a 29 basis points decrease for the NGX All-Share Index (NGXASI). The index […]