March 27, 2027/Oilprice.com Tom Kool Editor, Oilprice.com Oil markets are being driven by the standoff over the Strait of Hormuz, with Iran rejecting U.S. terms and delays in negotiations pushing Brent back above $110. Friday, March 27, 2026 The closure of the Hormuz Strait against Donald Trump’s hopes for constructive […]
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Market Slips Marginally as Trading Cools
Market Summary: Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in CADBURY (-10.00%) and DANGSUGAR (-1.41%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell slightly by 0.02% to settle at 200,913.06 points Year to date returns rose to 29.11% Market capitalisation also fell by 0.02% to close at N128.97tn ($93.19bn) Activity level in the market declined with the total value and volume of stocks traded falling by 26.17% and 12.24% to settle at N24.47bn and 595.15mn units respectively Click […]
Nigerian Stocks Trade Bearish as Indices Dip -0.1% Week-on-Week
The domestic stock market traded on a bearish note this week, primarily driven by losses in MTNN (-5.3%), ZENITHBANK (-6.4%), FIRSTHOLDCO (-4.7%), and UBA (-2.1%). Consequently, the All-Share Index declined by 0.1% w/w to 200,913.06 points, bringing month-to-date and year-to-date returns to +4.2% and +29.1%, respectively. March 27, 2026/Cordros Report […]
