Author: InvestAdvocate

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 […]

Mastercard Invests in Continued Defense of Global Digital Economy with Acquisition of Recorded Future

September 12, 2024/Mastercard Global threat intelligence capabilities complement Mastercard’s existing suite of services delivering cyber resilience and trust  Mastercard today expanded its cybersecurity services with an agreement to acquire global threat intelligence company Recorded Future from Insight Partners for $2.65 billion. The acquisition bolsters the insights and intelligence used to […]

Intraday Update: Nigerian Stocks Gain +0.37%, Driven by Bellwether Counters

September 12, 2024/InvestmentOne Update ASI as at 12.00pm: +0.37% Top Gainers and Losers: CAVERTON (+10.00%), NESTLE (+9.88%), SOVRENINS (-8.96%) and UNIVINSURE (-7.69%). Sector Performances: Banking (+1.26%), Consumer Goods (+1.19%), Industrial (+0.01%), and Oil & Gas (-0.04%). Market activity: In today’s trade, total volume and value declined by 42% and 3% […]