October 28, 2024/InvestmentOne Report The NGXASI declined today by 0.74% to close at 98,708.90pts as investors reduced their stakes in BUACEMENT (-10.00%), FBNH (-6.09%) and UBA (-3.99%) which drove the Nigerian equities market into the negative terrain. In the fixed income space, the Treasury Bills secondary market traded on a positive note, driven […]
Author: InvestAdvocate
Nigerian Stocks Open Week Bearish -0.7%, Dragged by Blue Chips
October 28, 2024/Cordros Report EQUITIES The local bourse paused its five-day bullish run as losses in BUACEMENT (-10.0%) and FBNH (-6.1%) offset the gain in TRANSCORP (+10.0%) which resumed trading today following the conclusion of their share reconstruction exercise. Thus, the All-Share Index declined by 0.7% to 98,708.90 points, with […]
Equities Market Preview & Review
October 28, 2024/CSL Research The bullish momentum from the prior week continued into the just concluded week with the benchmark index closing each session strong, largely fuelled by impressive Q3’24 earnings and dividend reinvestments. Consequently, the NGX All-Share Index rose by 141bps w/w to 99,448.91 points, pushing the year-to-date (YTD) […]

