February 14, 2023/Cordros Report EQUITIES Bullish sentiments continued today in the local bourse as buying interest in GUINNESS (+6.4%) drove the All-Share Index 0.2% higher to 54,496.31 points. Accordingly, the Month-to-Date and Year-to-Date gains printed +2.4% and +6.3%, respectively.  The total volume traded increased by 26.3% to 177.92 million units, […]

February 13, 2023/Cordros Report EQUITIES Activities in the Nigerian equities market started the week slightly positive, as bargain buying in ZENITHBANK (+1.8%) and WAPCO (+2.4%) drove the benchmark Index higher. Precisely, the ASI advanced by 0.1% to 54,364.67 points, with the Month-to-Date and Year-to-Date returns settling at +2.1% and +6.1%, […]

The domestic bourse ended the week positively, representing two consecutive weeks of gains, as the All-Share Index advanced by 0.2% w/w, to settle at 54,327.30 points. We attribute the gain to investors’ sustained interest in MTNN (+1.7%) and DANGCEM (+1.2%). February 10, 2023/Cordros Report Global Economy According to the National […]