October 21, 2024/InvestmentOne Update ASI as at 12.00pm: +0.07% Top Gainers and Losers: DAARCOMM (+10.00%), NNFM (+8.48%), UPL (-7.53%) and REGALINS (-6.56%). Sector Performances: Banking (+0.87%), Oil & Gas (+0.10%), Consumer Goods (+0.04%) and Industrial (-0.08%). Market activity: In today’s trade, total volume increased by 31%, while total value decreased […]
Author: InvestAdvocate
United-Capital-Research-Investment-Views-This Week 21st October to 25th October 2024
October 21, 2024/United Capital Research Global Markets: Bullish Momentum Sustained Last week, the global equities market closed on a positive note, following impressive Q3-2024 earnings outings, rate cut decision in Europe and liquidity support stimulus in China. In the US, investors’ sentiments towards equities market improved following strong tech performance, […]
UBA Plc 9M-24: Strong Funded Income Growth Boosts Profitability
October 21, 2024/Cordros Report United Bank for Africa Plc (UBA) published their 9M-24 financials today (21 October). We highlight that the stellar growth in the group’s core income (+170.0% y/y) was sufficient to offset the decline in non-core income (-24.1% y/y), leading to a 14.3% growth in EPS to NGN14.78 […]
