November 11, 2020/Cordros Report EQUITIES The domestic equities market extended its gains for the fourth consecutive session, as the All-Share Index advanced by 1.9% to 33,268.36 points. Today’s performance was underpinned by sustained interests in MTNN (+2.4%), NB (+9.5%), BUACEMENT (+2.4%), and Tier 1 banks – ZENITHBANK (+4.5%) and GUARANTY […]
Updates
African Energy Chamber Forecasts Increased Gas Monetisation in Latest 2021 Outlook
The African Energy Chamber has notably found that while not insulated to COVID-19, gas markets have been less exposed than that of oil to the shocks of 2020 November 11, 2020/AEC In its latest Africa Energy Outlook 2021 released earlier this week, the African Energy Chamber (https://EnergyChamber.org/) forecasts increased gas […]
MIDDAY UPDATE: Nigerian Stocks Inch Up +0.09% on Gains Across Sectors
November 11, 2020/InvestmentOne Update ASI as at 12.00pm: +0.09%. Market movers: NEIMETH (+10.00%), GLAXOSMITH (+9.85%), MAYBAKER (-9.33%) and REGALINS (-8.33%). Sector Performances: Oil & Gas (+1.07%), Industrial (+0.85%), Consumer Goods (+0.08%) and Banking (-0.55%). Market activity: In today’s early trade, total volume and value rose by 48% and 4% respectively compared to this […]
