Author: InvestAdvocate

Oil Prices Remain Rangebound Despite Dramatic Week

November 8, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Despite a whirlwind news week that saw Donald Trump regain the U.S. presidency and a hurricane hit the Gulf of Mexico, oil prices have been largely rangebound this week. Friday, November 8th, 2024 The US presidential election has dominated global newsfeeds this week, […]

NGXASI Advance +0.32%, Buoyed by Blue Chips

November 8, 2024/InvestmentOne Report The NGXASI advanced today by 0.32% to close at 97,236.19pts, as price appreciation in CONOIL (+9.94%), ACCESSCORP (+1.02%) and TRANSCORP (+0.92%) drove the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market was slightly positive as we observed buy pressure across […]

Profit-Taking Pressure Sustain Bearish Run, Nigerian Stocks Loss -0.2% Week-on-Week

Profit-taking pressure kept the domestic stock market in the red for the week, despite gains in three of the five trading sessions. Consequently, the All-Share Index fell by 0.2% w/w to 97,236.19 points. November 8, 2024/Cordros Report Global In line with market expectations, the Federal Open Market Committee (FOMC), at […]