Author: InvestAdvocate

Bulls Resurface as Nigerian Stocks Gain +0.2%, Buoyed by ACCESS, UBA, ZENITHBANK

November 5, 2024/Cordros Report EQUITIES Bullish sentiments resurfaced in the Nigerian equities market as renewed interest in UBA (+9.9%), ZENITHBANK (+5.8%) and ACCESSCORP (+4.9%) drove the All-Share index higher by 0.2% to 97,123.61 points. Accordingly, the Month-to-Date and Year-to-Date returns printed -0.5% and +29.9%, respectively.  The total volume traded increased by […]

Oando Announces H1 Unaudited 2024 Results, Reports N2.0 Trillion 51% Growth in Revenue

November 5, 2024/Oando Plc Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading energy solutions provider listed on both Nigerian Exchange Limited and Johannesburg Stock Exchange, today announced its unaudited results for the six months period ended June 30, 2024.‍ OPERATIONAL SUMMARY‍ Upstream:‍ 15% decrease in production: 24,389 […]

NGXASI Gains +0.22% on Buy Interest in ACCESS, ZENITHBANK

The NGXASI advanced today by 0.22% to close at 97,123.61pts, as buy interest particularly in banking stocks including UBA (+9.87%), ZENITHBANK (+5.78%) and ACCESSCORP (+4.89%) buoyed the domestic bourse into the green terrain. In the fixed income space, the Treasury Bills secondary market closed up majorly due to buy pressure at the […]