May 31, 2023/Cordros Report EQUITIES The Nigerian equities market traded marginally higher as sustained interest in BUAFOODS (+5.6%) underpinned a 0.1% increase in the All-Share Index to 55,769.28 points. Consequently, the Month-to-Date and Year-to-Date returns were unchanged at +6.4% and +8.8%, respectively. The total volume traded declined by 38.7% to […]
Investors Bite
NGXASI Balloons by 523bps on Optimistic Policy Pronouncement.
May 30, 2023/Cordros Report EQUITIES Trading activities in the local bourse resumed the week on a positive note, as investors cheered President Tinubu’s pro-market policies. Notably, bargain-hunting activities in MTNN (+7.5%) and DANGCEM (+7.4%) drove the benchmark index 5.2% higher – the most significant single-day gain since 12 November 2020 […]
ASI Intraday Update: Nigerian Stocks Gain +0.243%
May 30, 2023/InvestmentOne Update ASI as at 12.00pm: +2.43% Top Gainers and Losers: DANGSUGAR (+10.00%), ETERNA (+10.00%), ROYALEX (-8.33%) and TANTALIZER (-8.00%). Sector Performances: Banking (+8.10%), Consumer Goods (+4.36%), Oil and Gas (+3.23%) and Industrial (+2.17%). Market activity: In today’s trade, total volume and value increased by 331% and 277% respectively, […]
