Author: InvestAdvocate

Intraday Update: Nigerian Stocks Inch Up +0.67%, Buoyed by Bellwether Counters

December 16, 2024/InvestmentOne Update ASI as at 12.00pm: +0.67% Top Gainers and Losers: ROYALEX (+10.00%), LIVINGTRUST (+10.00%), SUNUASSUR (-10.00%) and SOVRENINS (-9.41%). Sector Performances: Consumer Goods (+1.24%), Banking (+0.38%), Industrial (+0.09%) and Oil & Gas (+0.06%). Market activity: In today’s trade, total volume and value advanced by 130% and 103%, when […]

Nigerian Stocks Gain +1.2% Week-on-Week, Buoyed by Blue Chips

The domestic stock market ended the week on a positive note, as gains in MTNN (+3.5%), OANDO (+9.5%), and CONOIL (+33.5%) drove the All-Share Index higher by 1.2% w/w to 99,377.62 points. December 13, 2024/Cordros Report Global According to the Bureau of Labor Statistics (BLS), headline inflation in the United States […]

UBA, ETI, Oando Drives Nigerian Equities to -0.63% Gain

December 13, 2024/InvestmentOne Report The NGXASI advanced by 0.63% today to close at 99.378.28pts, as positive sentiment observed in OANDO (+7.66%), ETI (+5.88%) and UBA (+1.06%) drove the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market closed negative today, largely due to the downward […]