February 4, 2016/Cordros Research GLOBAL The global economy is expected to grow at 3.1% in 2015 (vs. 3.4% in 2014) – according to IMF estimates – before picking up modestly to grow at 3.4% in 2016. The lower growth in 2015 was a result of patchy recovery in developed economies, […]
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NSE Dips 0.96% on Profit-Taking in Blue-Chips
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-the Nigerian Stock Exchange (NSE) on Wednesday dipped 0.96 percent on profit-taking activities in blue-chip stocks such as lenders, Zenith Bank Plc, Guaranty Trust Bank Plc and FBN Holdings Plc. Cordros daily market update reported that at the end of today’s trading on the domestic […]
Nigerian Bourse Succumbs 0.37% in Opening Session of New Trading Week
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian bourse on Monday succumbed to a 0.37 percent loss in the opening session of the new trading-week. Cordros daily market update says the all-share index (ASI) closed at 23,826.76 basis points, while market capitalisation decreased by N30.74 billion to N8.19 trillion, increasing the […]