October 28, 2024/Cordros Report EQUITIES The local bourse paused its five-day bullish run as losses in BUACEMENT (-10.0%) and FBNH (-6.1%) offset the gain in TRANSCORP (+10.0%) which resumed trading today following the conclusion of their share reconstruction exercise. Thus, the All-Share Index declined by 0.7% to 98,708.90 points, with […]
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Equities Market Preview & Review
October 28, 2024/CSL Research The bullish momentum from the prior week continued into the just concluded week with the benchmark index closing each session strong, largely fuelled by impressive Q3’24 earnings and dividend reinvestments. Consequently, the NGX All-Share Index rose by 141bps w/w to 99,448.91 points, pushing the year-to-date (YTD) […]
Foreign Portfolio Investments Decline in Q3 2024
October 28, 2024/CSL Research According to the Nigerian Exchange Limited (NGX) report on domestic and foreign portfolio participation in equities for September 2024, the total transactions at the nation’s bourse increased m/m by 29.9% to N493.01bn in September from N379.52bn in August 2024. Thus, bringing the total transaction value in […]
