August 23, 2024/InvestmentOne Report The NGXASI advanced today by 0.27% to close at 95,973.45 pts as gains in OANDO (+10.00%), ACCESSCORP (+5.00%) and TRANSCORP (+4.35%) drove the domestic equities market into the positive territory. In the fixed income space, the Treasury Bills secondary market closed positive as there was optimistic sentiment along […]
Author: InvestAdvocate
Tightrope, Balancing Growth: Mid-Year Economic Report
August 23, 2024/Coronation Research Economic landscape presents a mix of challenges and strategic opportunities that demand careful navigation. GDP growth in the first half of the year slowed to 2.98% y/y, down from 3.46% y/y in Q4 2023, reflecting the persistent structural issues plaguing the economy. High inflation, currently above […]
Nigerian Stocks End Week Bearish -1.2%, Dragged by DANGCEM, TRANSCOHOT
Nigerian stocks closed in the bear territory following bouts of profit-taking activities during the week. Notably, sell pressures on DANGCEM (-10.0%) and TRANSCOHOT (-6.3%) dragged the All-Share index 1.2% lower to 95,973.45 points. August 23, 2024/Cordros Report Global At the August monetary policy meeting, the People’s Bank of China (PBoC) maintained […]
