November 25,2024/Cordros Report EQUITIES The domestic bourse kicked off the week with bearish sentiments, as profit-taking activities in GTCO (-3.4%) and ZENITH (-2.7%) drove the All-Share Index lower by 0.2% to 97,626.27 points. Consequently, the Month-to-Date and Year-to-Date returns settled at -0.0% and +30.6%, respectively. The total volume of trades […]
Author: InvestAdvocate
Nigeria Q3-24: GDP Growth to Stabilize Amid Mixed Sectoral Performance in Q4-24
November 25, 2024/Cordros Report Based on the recently released GDP report by the National Bureau of Statistics (NBS), Nigeria’s economy maintained its positive growth trajectory in Q3-24, growing by 3.46% y/y (Q2-24: +3.19% y/y). The growth rate was primarily driven by the non-oil sector, reflecting strong gains in the services […]
NGXASI Dips +0.21% to Open Week, Dragged by GTCO, ZENITHBANK, STANBIC
November 25, 2024/InvestmentOne Report The NGXASI declined today by 0.21% to close at 97,626.27pts, as the profit taking observed in GTCO (-3.39%), ZENITHBANK (-2.71%) and STANBIC (-3.09%) propelled the Nigerian equities market into the negative zone. In the fixed income space, the Treasury Bills secondary market exhibited a positive performance as yields […]
