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Buy-Interest in AIRTELAFRI, BUAFOODS Stokes NGX Bullish Performance +2.0%

August 25, 2022/Cordros Report EQUITIES   Bullish sentiments persisted in the domestic bourse as buying interest in AIRTELAFRI (+7.1%) and BUAFOODS (+3.3%) drove the All-Share Index 2.0% higher to close at 49,661.87 points. Accordingly, the Month-to-Date loss moderated to -1.4%, while the Year-to-Date gain increased to +16.3%.   The total […]

NGX Turns Bullish +0.3%, Driven by BUACEMENT, ETI, STANBIC

August 24, 2022/Cordros Report EQUITIES   After two consecutive trading sessions of losses, the Nigerian equities market turned bullish as the All-Share Index closed 0.3% higher to 48,675.24 points. Notably, the buying interests in STANBIC (+8.9%), BUACEMENT (+1.3%), and ETI (+8.0%) stocks triggered today’s performance. Consequently, the Month-to-date loss moderated […]

Nigerian Equities Snap 5-Day Losing Streak, Edges Higher By 22bps

August 24, 2022/InvestmentOne Report The Nigerian equities market closed positive by 0.22% as the NGX-ASI settled at 48,675.24pts.  In today’s trade, market breadth index was negative with 11 gainers against 16 losers.  NEM (+10.00%) was the top gainer, while FIDSON (-9.80%) led the losers today.  ACCESCCORP (-1.20%) was the most actively traded […]