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Bears Hold Sway as FBNH, ZENITHBANK Drags Indices by -0.02%

April 13, 2023/Cordros Report EQUITIES The Nigerian stock market traded with bearish sentiments as profit-taking activities in ZENITHBANK (-1.8%) and FBNH (-0.9%) triggered a 2bps decline in the benchmark index. Precisely, the All-Share Index settled at 51,944.58 points. Accordingly, the Month-to-Date and Year-to-Date returns were flat at -4.2% and +1.4%, […]

Market Closes Flat at 51,953.41Pts on Mixed Performance Across Major Sectors

April 12, 2023/InvestmentOne Report The Nigerian equities market closed today’s trading session flat as the NGX-ASI settled at 51,953.41pts. In today’s trade, market breadth index was positive with 17 gainers against 11 losers. SKYAVN (+10.00%) led the gainers, while ROYALEX (-10.00%) was the top loser today.                                                                                                                   TRANSCORP (+3.70%) was the most […]

Nigerian Bourse Trades Flat at 51,953.41 Points on Mixed Sentiments

April 12, 2023/Cordros Report EQUITIES The domestic bourse traded with mixed sentiments as buying interests in INTBREW (+7.4%) and DANGSUGAR (+1.5%) offset losses in UBA (-1.2%) and FBNH (-0.9%). Thus, the All-Share Index closed flat at 51,953.41 points, with the Month-to-Date and Year-to-Date returns unchanged at -4.2% and +1.4%, respectively. […]