Author: InvestAdvocate

Bellwether Counters Drive NGXASI to -0.45% Loss

September 3, 2025/InvestmentOne Report The NGXASI declined by 0.45% today to close at 138,159.25pts, as the losses recorded in NB (-5.71%), UBA (-2.03%) and GTCO (-1.09%) drove the local bourse into the negative zone.   In the fixed income space, the Treasury Bills secondary market exhibited a bullish performance, driven by the […]

Banking Counters, Other Blue Chips Drag Nigerian Stocks to -0.4% Loss

September 3, 2025/Cordros Report EQUITIES Profit-taking activities continued today in the domestic bourse, as the selloff in ARADEL (-0.5%), NB (-5.7%), UBA (-2.0%) and GTCO (-1.1%) drove the All-Share Index lower by 0.4% to 138,159.25 points. Consequently, the Month-to-Date and Year-to-Date returns settled lower at -1.5% and +34.2%, respectively. The […]

Egypt Macro Update: Economic Stability Amid Persisting Structural Fragilities

September 2, 2025/Cordros Report After navigating a succession of macroeconomic shocks, ranging from currency volatility and inflationary surges to external trade disruptions, Egypt’s economy showed early signs of stabilization in 9M-24/25, with a real GDP growth rebounding to 4.18% y/y, higher than the 2.31% y/y recorded in 9M-23/24. Following a […]