Author: InvestAdvocate

NGXASI Gains +0.32%, Driven by Blue Chips

September 12, 2024/InvestmentOne Report The NGXASI advanced today by 0.32% to close at 97,025.15pts as investors buy interest in FBNH (+10.00%), NESTLE (+9.88%) and OANDO (+3.66%) drove the local equities market into the green zone. In the fixed income space, the Treasury Bills secondary market closed up as we observed bullish sentiment […]

Q2-2024 Foreign Trade in Statistics Report: Trade Surplus Expands Further

September 12, 2024/United Capital Report According to the Q2-2024 Foreign Trade Statistics Report released by the National Bureau of Statistics (NBS), Nigeria’s total trade merchandise printed at N31.9tn, down 3.8% q/q compared to its N33.1tn print in Q1-2024. However, on a yearly basis, the country’s total trade climbed by 150.4% […]

Bulls Return as Nigerian Stocks Gain +0.3%, Buoyed by FBNH

September 12, 2024/Cordros Report EQUITIES The bulls returned to the domestic stock market following buying interest in FBNH (+10.0%). As a result, the All-Share Index increased by 0.3% to close at 97,025.17 points. Consequently, the Month-to-Date and Year-to-Date returns printed +0.5% and +29.8%, respectively. The total volume of trades declined […]