May 18, 2023/NGX Nigerian Exchange Limited (NGX) has said it intends to partner with the incoming administration to develop the right policies that will promote and attract listings in the capital market. This was even as it revealed that despite a total of N360 trillion moved within the Nigerian economy […]
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AIRTELAFRI Stokes Nigerian Equities -0.90% into Bearish Zone
May 18, 2023/Cordros Report EQUITIES In today’s trading session, the domestic equities market reversed this week’s gains as selloffs of AIRTELAFRI (-6.0%) caused a 0.9% decline in the benchmark Index. Thus, the NGX ASI settled at 52109.43 points, with the Month-to-Date and Year-to-Date returns settling at -0.6% and +1.7%, respectively. […]
Market Sustains Positive Momentum +0.3% Driven by GTCO, Nigerian Breweries
May 17, 2023/Cordros Report EQUITIES Bullish sentiments persisted in the local bourse as bargain-hunting in NB (+9.6%) and GTCO (+4.2%) triggered a 0.3% gain in the All-Share Index to 52,580.86 points. Consequently, the Month-to-Date and Year-to-Date returns settled at +0.3% and +2.6%, respectively. The total volume traded increased by 18.0% […]
