(Credit: gorodenkoff/iStock by Getty Images) September 11, 2024/IMFBlog By Diego Cerdeiro, Gee Hee Hong, and Alfred Kammer In the European Union, income per person, one of the main gauges of living standards, is on average one-third less than in the United States, mostly because of lower productivity—as emphasized by Mario Draghi’s […]
Author: InvestAdvocate
NGXASI Declines -0.09% on Losses in JBERGER, TRANSCORP, OANDO
September 11, 2024/InvestmentOne Report The NGXASI declined today by 0.09% to close at 96,715.04pts as losses in JBERGER (-8.77%), OANDO (-8.38%) and TRANSCORP (-1.78%) drove the local equities market into the red zone. In the fixed income space, the Treasury Bills secondary market closed up as we observed buy pressure across the […]
Bears Back as Nigerian Equities Dip -0.1%, Dragged by OANDO
September 11, 2024/Cordros Report EQUITIES Trading in the Nigerian equities market was bearish as profit-taking activities in OANDO (-8.4%) undermined market performance. Consequently, the NGX ASI dipped by 0.1% to close at 96,715.04 points. As a result, the Month-to-Date and Year-to-Date returns moderated to +0.1% and +29.3%, respectively. The total […]
