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 […]
Investors Bite
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 […]
Nigerian Stocks Extend Loss ASI Dips -2.0% Dragged by MTNN, Banking Counters
July 13, 2023/Cordros Report EQUITIES The local stock market racked up further loss in today’s trading session as sell pressures on MTNN (-4.6%) and some banking stocks weighed down the bourse, causing the All-Share Index to plunge by 2.0% to 62,748.94 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated […]
