Profit-taking activities dominated the local bourse this week, with the market closing lower in four of five trading sessions, halting its seven-week winning streak. Investor sentiment was dampened by a mixed batch of corporate earnings releases, which triggered cautious positioning. Consequently, the All-Share Index (ASI) declined by 1.0% w/w to […]
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Oil Prices Unmoved by Trump-Xi Meeting
October 31, 2025/Oilprice.com Tom Kool Editor, Oilprice.com The Trump-Xi meeting did not impact oil markets, with the upcoming OPEC+ meeting expected to be the next major market driver, likely resulting in a modest output increase. The Trump-Xi meeting in South Korea, frequently lauded as a potential icebreaker moment between the […]
Bears Sustain Hold as Nigerian Stocks Dips -0.4% on Bellwether Losses
October 30, 2025/Cordros Report EQUITIES Bearish sentiment persisted in the domestic equities market, as sell pressures on TRANSCORPP (-2.2%), WAPCO (-1.8%), ARADEL (-2.3%) and GTCO (-1.5%) drove the All-Share Index lower by 0.4% to 153,676.66 points. As a result, the Month-to-Date and Year-to-Date returns moderated to +7.7% and +49.3%, respectively. […]
