July 2, 2025/Cordros Report After a choppy 2024, the Nigerian economy is gradually finding its footing. As we envisaged, economic activity has gained momentum, with the Composite Purchasing Manager Index (PMI) consistently settling above the fifty point threshold in H1-25, supported by moderating cost pressures, FX stability and a gradual […]
Author: InvestAdvocate
NGX-ASI Closed Bullish…Up by 50bps
July 2, 2025/United Capital Report Today, the Nigerian Exchange (NGX) closed on a positive note following share price appreciation in WAPCO (+3.03%) and ZENITHBA (+1.69%). As a result, the benchmark All-Share Index (NGX-ASI) climbed by 0.50% to close at 120,339.90 points. YTD returns appreciated to 16.92%, while market capitalization closed […]
NGXAS Advance +0.50% on Gains in Bellwether Counters
July 2, 2025/InvestmentOne Report The NGXASI advanced by 0.50% today to close at 120,339.90pts, as the gains witnessed in INTBREW (+7.91%), WAPCO (+3.03%) and ZENITHBANK (+1.69%) drove the local equities market into the green zone. In the fixed income space, the Treasury Bills secondary market traded on a positive note driven […]
