February 12, 2025/Coronation Research Summary Last week, system liquidity closed negative at -N315.94bn (7th, February ’25), from N721.34bn in the previous week. Therefore, the Open Repo Rate (OPR) and Overnight Rate (O/N) edged higher at 32.42% and 32.75% respectively. We expect interbank rates to maintain the current levels barring any […]
Author: InvestAdvocate
Nigerian Bourse Extend Gains +1.2%, Buoyed by Bellwether Counters
February 12, 2025/Cordros Report EQUITIES The local bourse extended yesterday’s gains as buying interest in DANGCEM (+3.9%) and TRANSCOHOT (+10.0%) caused a 1.2% increase in the benchmark index to 107,822.51 points. Consequently, the Month-to-Date returns and Year-to-Date returns settled higher at 3.2% and +4.8%, respectively. The total trading volume decreased […]
NGXASI Surge +1.17% on Gains in Blue Chips
February 12, 2025/InvestmentOne Report The NGXASI surged by 1.17% today to close at 107,822.53pts, as gains witnessed in TRANSCOHOT (+9.99%), DANGCEM (+3.88%) and TRANSCORP (+1.84%) drove the local bourse into the positive zone. In the fixed income space, the Treasury Bills secondary market closed positive as yields had declined across all tenors of […]
