September 23, 2024/InvestmentOne Update Formidable Income from Core Business: Over the weekend, the H1’2024 financial report was finally released by Access Holdings PLC. According to the report, income from core business remained formidable as net interest income improved by 128.95% YoY to NGN513.39bn in the first half of 2024, relative […]
Author: InvestAdvocate
United Capital Research Investment Views This Week, 23rd September to 27th September 2024
September 23, 2024/United Capital Research Global Markets: Fed Outsized Rate Cut Sours Positive Sentiments in Markets for Risk Assets The Fed’s rate cut announcement seemed to be the most significant factor influencing investor sentiment last week. The Federal Open Market Committee chose to lower its key overnight borrowing rate by […]
NGXASI Advance +0.20%, Driven by Bellwether Counters
September 20, 2024/InvestmentOne Report The NGXASI advanced today by 0.20% to close at 98,247.99pts as investors increased their stakes in FIDELITYBK (+9.68%), MTNN (+4.06%) and GTCO (+2.70%) which drove the Nigerian bourse into the positive territory. In the fixed income space, the Treasury Bills secondary market closed downwards driven by selloffs observed within […]
