December 31, 2024/InvestmentOne Report The NGXASI declined by 0.22% today to close at 102,926.40pts as buy pressure on MTNN (-3.75%), DANGSUGAR (-4.55%) and ZENITHBANK (-0.98%) drove the Nigerian bourse into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a negative note, due to selloffs observed on […]
Author: InvestAdvocate
Coronation Fixed Income and Exchange Rate Update
December 31, 2024/Coronation Research Summary Opening market liquidity stood at N736.36bn (27 Dec ’24). Call, overnight and repo rates closed within a range of 7.00%- 27.11%, as rates in the money market narrowed. We expect interbank rates to stay at current levels, barring any significant outflows from CRR Debits. In […]
Nigerian Bourse Open Week Bullish +0.1% on Gains in Bellwether Counters
December 30, 2024/Cordros Report EQUITIES Trading in the domestic bourse kicked off the week on a positive note as buying interest in BUAFOODS (+5.1%), MTNN (+7.1%), and GUINNESS (+4.9%) drove the All-Share Index higher by 1.0% to close at 103,149.35 points. Thus, the month-to-date and Year-to-Date returns printed +5.8% and +38.0%, […]
