July 2, 2020/EBRD By Anthony Williams @ebrdtony Image Credit: EBRD The European Bank for Reconstruction and Development is now an indispensable development bank, according to departing President Sir Suma Chakrabarti. He leaves the Bank today after completing two full terms as President, the maximum now permitted under the institution’s rules. Sir […]
Updates
MIDDAY UPDATE: Nigerian Stocks Down -0.24% Dragged by Banking, Industrial Counters
July 2, 2020/InvestmentOne Update ASI as at 12.00pm: -0.24%. Market movers: CAPHOTEL (-10.00%), CORNERST (-9.09%), JAIZBANK (+9.09%) and NAHCO (+5.53%). Sector Performances: Banking (-1.48%), Industrial (-0.02%), Consumer Goods and Oil & Gas. Market activity: In today’s early trade, while total volume declined by 27%, total value rose by 115%, compared to this time yesterday as investors have traded about 55million units of shares worth about N724million. UBA (-3.23%) is the most actively traded stock […]
Daily Market Update for July 1, 2020-Cordros
July 1, 2020/Cordros Report EQUITIES The domestic bourse started the new month positively, as rebounds in BUACEMENT (+8.5%) and WAPCO (+5.0%) stocks spurred today’s gain. Thus, the All-Share Index advanced by 0.5% to 24,479.22 points. Accordingly, Year-to-Date loss moderated to -8.4%. The total volume of trades decreased by 29.5% to […]
