June 9, 2023/InvestmentOne Update ASI as at 12.00pm: +0.01% Top Gainers and Losers: NEM (+10.00%), GOLDBREW (+9.88%), SUNUASSUR (-8.51%) and CUTIX (-5.24%). Sector Performances: Consumer Goods (+0.03%), Industrial (+0.01%), Banking (-0.81%) and Oil and Gas. Market activity: In today’s trade, total volume increased by 59% while total value decreased by 5%, […]
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Nigerian Equities Dip -0.12% Dragged by Dangote Cement
June 8, 2023/Cordros Report EQUITIES Sentiments remained bearish in the local bourse as investors took profits off DANGCEM (-1.4%). Thus, the NGX ASI dipped by 0.1% to close at 55,956.59 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to +0.3% and +9.2%, respectively. The total volume traded increased […]
Union Bank Drags NGX Indices Down by 0.02%
June 7, 2023/Cordros Report EQUITIES The Nigerian equities traded marginally lower in today’s session, as profit-taking activities on UBN (-8.9%) undermined market performance. As a result, the All-Share Index dipped slightly by 2bps to 56,025.56 points. Accordingly, the MTD and YTD gains printed +0.5% and +9.3%, respectively. The […]
