March 16, 2023/Cordros Report EQUITIES The bears continued to dominate on the local bourse as investors took profits off MTNN (-5.0%). Precisely, the All-Share Index shed 1.0% to close at 54,915.61 points. Consequently, the Month-to-Date and Year-to-Date returns printed -1.6%, and +7.2%, respectively. The total volume traded declined by 24.2% […]
Investors Bite
MTNN Drags Nigerian Stocks into Bear Zone -1.04%
March 16, 2023/InvestmentOme Update The local bourse recorded further downturn by 1.04% as the NGX-ASI settled at 54,915.61pts. In today’s trade, market breadth index was predominantly negative with 25 losers against 8 gainers. CHAMS (+8.70%) was the top gainer, while ETI (-10.00%) led the losers today. TRANSCORP (-4.44%) was the most actively […]
Domestic Financial Market Company Update
Image Credit: United Capital Research March 16, 2023/United Capital Research S/N Company Dividend/Share Qualification Dates Effective yield 1 Geregu Power Plc ₦8.00 27-Feb-23 2.5% 2 MTN Nigeria Communications Plc ₦10.00 27-Mar-23 4.0% 3 Nigerian Breweries Plc ₦1.03 16-Mar-23 2.5% 4 BUA Cement Plc ₦2.80 To be advised 2.8% 5 […]
