Investors Bite

Market Records Further Losses -0.1%, Dragged by GTCO

March 14, 2023/Cordros Report EQUITIES The local bourse ended today’s trading session lower as investors sold off GTCO (-3.1%). Thus, the All-Share Index declined by 0.1% to 55,722.90 points. Consequently, the Month-to-Date and Year-to-Date returns settled at -0.2% and +8.7%, respectively. The total volume traded increased by 11.3% to 199.27 […]

Nigerian Equities Open Week with Mixed Sentiments NGXASI Flat at 55,788.37 Points

March 13, 2023/Cordros Report EQUITIES The Nigerian equities market started the week’s trading with mixed sentiments as buying interest in BUAFOODS (+4.2%) was offset by late selloffs of ZENITHBANK (-3.1%) and GTCO (-1.9%). Thus, the All-Share Index traded flat at 55,788.37 points, with the Year-to-Date return flat at +8.9%. The […]

NGX-ASI Begins Week Marginally Down -0.01% Dragged by Banking, Industrial Sectors

March 13, 2023/InvestmentOne Report The local equities market closed slightly lower by 0.01% as the NGX-ASI settled at 55,788.37pts. In today’s trade, market breadth index was broadly negative with 21 losers against 12 gainers. UPL (+9.89%) was the top gainer, while NGXGROUP (-9.72%) led the losers today. NGXGROUP (-9.72%) was the most […]