January 23, 2025/InvestmentOne Report The NGXASI declined by 0.05% today to close at 102,788.20pts as the profit taking in MTNN (-0.81%), DANGSUGAR (-6.54%) and NASCON (-5.13%) drove the local equities market into the red. In the fixed income space, the Treasury Bills secondary market traded on a positive note amidst the buying interest […]
Author: InvestAdvocate
Bears Resurface as Nigerian Stocks Loss -0.1%, Dragged by Blue Chips
January 23, 2025/Cordros Report EQUITIES The bears resurfaced in the domestic equities market as profit-taking activities in MTNN (-0.8%), DANGSUGAR (-6.5%) and NASCON (-5.1%) triggered a 0.1% decline in the All-Share Index to 102,788.20 points. As a result, Year-to-Date returns printed -0.1%. The total volume traded decreased by 3.1% to […]
Guinness Nigeria Plc Q2-25: Revenue and Finance Gains Drive Earnings Recovery
January 23, 2025/Cordros Report Guinness Nigeria Plc (GUINNESS) published its Q2-25 unaudited results this afternoon (23 January), reporting a standalone EPS of NGN5.42 (vs loss per share of NGN3.57 in Q2-24), bringing H1-25 loss per share to NGN0.14 (H1-24 loss per share: NGN2.39). The return to profitability during the quarter […]
