May 10, 2023/IOSCO The Board of the International Organization of Securities Commissions today published a final report on Special Purpose Acquisition Companies (SPACs), which aims to help IOSCO members review or improve their approach to these companies. The recent surge in SPACs raised concerns for many IOSCO members about investor […]
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BUACEMENT Drags NGX-ASI Down -0.75%
May 10, 2023/Cordros Report EQUITIES Sentiments in the domestic bourse turned bearish as investors sold off BUACEMENT (-8.0%). Thus, the NGX ASI declined by 0.8% to close at 52,209.06 points. Consequently, the Month-to-Date and Year-to-Date returns printed -0.4% and +1.9%, respectively. The total volume traded declined by 13.5% to 554.31 […]
ASI Intraday Update: Nigerian Stocks Gain +0.13%
May 10, 2023/InvestmentOne Update ASI as at 12.00pm: +0.13% Top Gainers and Losers: TRANSCORP (+9.69%), CWG (+9.43%), BUAFOODS (-10.00%) and ROYALEX (-9.84%). Sector Performances: Consumer Goods (+1.31%), Oil and Gas (+0.09%), Banking (-1.61%) and Industrial (-0.02%). Market activity: In today’s trade, total volume and value decreased by 15% and 12% respectively, […]
