August 4, 2021/Cordros Report EQUITIES The Nigerian equities market traded marginally higher, as interests in PRESCO (+3.7%) and VITAFOAM (+1.0%) triggered a 3bps expansion in the All-Share Index to 38,927.83 points. Accordingly, Month-to-Date and Year-to-Date returns printed +1.0% and -3.3%, respectively. The total volume of trades declined by 10.9% to […]

August 3, 2021/Cordros Report EQUITIES The domestic bourse traded positively, driven by foreign investors’ interest in AIRTELAFRI (+5.7%) and sustained bargain hunting in MTNN (+1.8%). Consequently, the NGX ASI edged up by 0.8% to close at 38,917.99 points. Accordingly, the Month-to-Date gain increased to +1.0%, while the Year-to-Date loss moderated […]

August 3, 2021/NGX On a monthly basis, Nigerian Exchange Limited (“NGX”) polls trading figures from market operators on their Domestic and Foreign Portfolio Investment (FPI)4 flows. As at 30 June 2021, total transactions at the nation’s bourse increased by 3.68% from N97.19billion (about $236.33million) in May 20215 to N100.77billion (about […]