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NSEASI Ends Week Bullish, Gains +2.2% Boosted by Bellwether Stocks

The All-Share Index, however, remained well above the 34,000 points psychological mark, closing at 34,885.51 points. Notably, buying interest in AIRTELAFRI (+7.0%), DANGCEM (+6.1%), BUACEMENT (+4.8%), INTBREW (+2.6%), FBNH (+2.1%), and NESTLE (+1.8%) drove the benchmark index 2.2% higher. November 27, 2020/Cordros Report Global economy Preliminary estimates by IHS Markit […]

GTbank, INTBREW, Mobil Boost Nigerian Stocks as Year-to-Date Increase +29.7%

November 26, 2020/Cordros Report EQUITIES The domestic bourse recorded its third consecutive gain this week, as the NSE ASI notched a 0.1% increase to 34,803 points. The performance was supported by gains in GUARANTY (+2.6%), INTBREW (+9.6%) and MOBIL (+9.9%) stocks. Consequently, Month-to-Date and Year-to-Date return increased to +14.0% and +29.7%, […]

Nigerian Equities Market Extend Gains as NSE-ASI Rises +0.10% on Buy-Interest

November 26, 2020/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI gained 0.10% to close at 34,803.00pts.  In today’s trade, market breadth index was somewhat flat with 20 gainers against 21 losers . NCR (+10.00%) led the gainer’s chart today, while ROYALEX (-7.69%) was the top loser. ZENITHBANK was the most actively traded stock with about 40million units of […]