Author: InvestAdvocate

NGXASI Surge +0.77%, Driven by Blue Chips

December 19, 2024/InvestmentOne Report The NGXASI surged by 0.77% today to close at 101,248.02pts, as bullish sentiments observed in TRANSCOHOT (+9.43%), NB (+7.14%) and GTCO (+1.98%) drove the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market closed on a positive note today, largely due to […]

Nigerian Stocks Sustain Bullish Run Eight Straight Session +0.8% on ARADEL Gains

December 19, 2024/Cordros Report EQUITIES The Nigerian equities market sustained its bullish run for the eighth consecutive session, driven by bargain hunting in ARADEL (+10.0%) following the announcement of the Minister of Petroleum Resources’ approval for the sale of the Shell Petroleum Development Company to Renaissance Africa Energy Limited, as […]

Intraday Update: Nigerian Equities Inch Up +0.45% on Blue Chips Gains

December 19, 2024/InvestmentOne Update ASI as at 12.00pm: +0.45% Top Gainers and Losers: HONYFLOUR (+10.00%), ARADEL (+10.00%), JOHNHOLT (-9.68%) and GUINEAINS (-3.03%). Sector Performances: Oil & Gas (+0.36%), Banking (+0.21%), Consumer Goods (+0.07%) and Industrial (-0.64%). Market activity: In today’s trade, total volume and value declined by 3%, when compared […]