January 8, 2025/InvestmentOne Report The NGXASI advanced by 0.80% today to close at 104,230.73pts as bullish sentiment observed in MTNN (+10.00%), TRANSCORP (+10.00%) and FBNH (+6.61%) drove the local bourse into the positive region. In the fixed income space, the Treasury Bills secondary market traded on a positive note, following optimism seen across […]
Author: InvestAdvocate
Nigerian Bourse Trades Positive +0.8%, Buoyed by Bellwether Counters
January 8, 2025/Cordros Report EQUITIES The domestic bourse traded on a positive note as bargain hunting in MTNN (+10.0%), TRANSCORP (+10.0%), and FBNH (+6.6%) drove the All-Share Index higher by 0.8% to 104,230.73 points. As a result, the Year-to-Date return inched higher to +1.3%. The total volume of trades declined […]
Coronation Fixed Income and Exchange Rate Update
January 7, 2025/Coronation Research Summary System liquidity closed positive at N476.24bn (03 Jan ’25). Call, overnight and repo rates closed within a range of 7.63- 27.25%. Rates in the money market tightened as debits from the OMO auction and CRR outweighs Remita inflows driven by Government payments to contractors. We […]
