December 16, 2024/InvestmentOne Report The NGXASI advanced by 0.55% today to close at 99,922.63pts, as positive sentiment observed in OANDO (+5.88%), FBNH (+1.89%) and TRANSCORP (+0.69%) drove the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market closed positive today, largely due to the downwards […]
Author: InvestAdvocate
Nigerian Bourse Open Week Bullish +0.6%, Buoyed by ARADEL, OANDO
December 16, 2024/Cordros Report EQUITIES The local bourse kicked off the week on a positive note as gains in OANDO (+5.9%) and ARADEL (+9.1%) caused a 0.6% increase in the benchmark index to 99,922.63. Accordingly, the Month-to-Date and Year-to-Date returns settled at +2.5% and +33.6%, respectively. The total trading volume increased by […]
Nigeria November 2024 CPI: Inflation to Increase Further in December
December 16, 2024/Cordros Report Based on the CPI and inflation report released by the National Bureau of Statistics (NBS), consumer prices maintained an upward trend for the third consecutive month in November 2024. Specifically, headline inflation rose by 72bps to 34.60% y/y in November (October: 33.88% y/y). Parsing through the […]
