October 14, 2024/CSL Research Data from the Nigerian Electricity Regulatory Commission (NERC) revealed a 48.9% y/y increase in revenue collected by the electricity distribution companies (DisCos) to N391.7bn in Q2 2024 from N263.1bn in Q2 2023. Also, there was an increase of 34.3% q/q from N291.6bn in Q1 2024. Total […]
Author: InvestAdvocate
United Capital Research Investment Views This Week, 14th October to 18th October 2024
October 14, 2024/United Capital Research Global Market: Mixed Performance Across the Globe In the world’s largest economy, equity markets began the week modestly lower, while Treasuries and oil prices rose above key resistance levels of 4.00% and $80.00, respectively. The impending hurricane Milton raised concerns about potential damages exceeding $100.00bn, […]
Intraday Update: Nigerian Stocks Gain +0.03%, Buoyed by Blue Chips
October 14, 2024/InvestmentOne Update ASI as at 12.00pm: +0.03% Top Gainers and Losers: CONHALLPLC (+9.35%), FIDSON (+9.35%), REGALINS (-6.94%) and NSLTECH (-6.15%). Sector Performances: Consumer Goods (+0.23%), Oil & Gas (+0.08%), Banking (-0.21%) and Industrial (-0.01%). Market activity: In today’s trade, total volume and value advanced by 14% and 7% […]
