Investors Bite

Positive Performance Returns as Nigerian Equities Gain +1.0% Driven by MTNN

December 8, 2021/Cordros Report EQUITIES Sentiments remained positive in the domestic bourse, as investors took positions in MTNN (+4.5%). Thus, the All-Share Index advanced by 1.0% to 42,435.16 points. Consequently, the Month-to-Date loss moderated to -1.9%, while the Year-to-Date gain increased to +5.4%. The total volume of trades increased by […]

WAPCO, ZENITHBANK Drives NGX to Positive Territory +0.02%

December 7, 2021/Cordros Report EQUITIES Trading in the local bourse edged a positive performance in today’s session, as the All-Share Index notched a 2bps gain to close at 42,018.92 points. Precisely, investors’ interest in WAPCO (+5.4%) and ZENITHBANK (+2.1%) supported market performance amid sell-offs of SEPLAT (-5.4%). Consequently, the Month-to-Date […]

Bulls Resurface on Nigerian Bourse as Index Up -0.02% On Gains in Banking, Industrial Counters

December 7, 2021/InvestmentOne Report The Nigerian equities market closed positively by 0.02%, as NGX-ASI closed at 42,018.92 pts.  In today’s trade, market breadth index was marginally positive with 20 gainers against 19 losers.  GLAXOSMITH (-9.32%) was the top loser, while ABBEYBDS (+9.47%) led the gainers today.  FBNH (-1.71%) was the most actively traded stock with about 364 million units of shares […]