November 7, 2024/InvestmentOne Update ASI as at 12.00pm: +0.27% Top Gainers and Losers: ARADEL (+10.00%), JOHNHOLT (+9.77%), MAYBAKER (-9.62%) and TANTALIZER (-9.37%). Sector Performances: Banking (+0.28%), Consumer Goods (+0.01%), Oil & Gas (-0.04%) and Industrial (-0.03%). Market activity: In today’s trade, total volume and value advanced by 177% and 116% […]
Author: InvestAdvocate
Nigerian Stocks Decline -0.3% on Losses in Blue Chips
November 6, 2024/Cordros Report EQUITIES The local bourse reversed yesterday’s gains as losses in AIRTELAFRI (-2.0%), UBA (-10.0%) and OANDO (-10.0%) caused a 0.3% decline in the benchmark index to 96,834.77 points. As a result, the Month-to-Date and Year-to-Date returns settled at -0.8% and +29.5%, respectively. The total volume traded decreased […]
Coronation Fixed Income and Exchange Rate Update
November 6, 2024/Coronation Research Summary Market liquidity closed at N398.3bn on Friday (1 Nov ‘24). Call, overnight, and repo rates closed within the range of 5.80% – 19.68% as rates in the market narrowed Last week, average yields on Nigeria Treasury Bills increased by 4 basis points to 24.22% pa. […]
