Author: InvestAdvocate

Brent Nears $65 on Renewed Trade Optimism

May 16, 2025/Oilprice.com Tom Kool Editor, Oilprice.com Oil prices climbed on optimism over eased U.S.-China trade tensions, with ICE Brent nearing $65 per barrel by week’s end as fears of punishing tariffs faded. Friday, May 16th, 2025  Donald Trump’s comments on a potential Iran nuclear deal have been the defining […]

NGXASI Advance +0.22%, Driven by Bellwether Counters

May 16, 2025/InvestmentOne Report The NGXASI advanced by 0.22% today to close at 109,710.64pts, driven by the gains printed in ACCESSCORP (+6.82%), WAPCO (+1.92%) and HONYFLOUR (+10.00%) which pushed the local equities market into the positive zone.   In the fixed income space, the Treasury Bills secondary market traded on a bullish […]

NGX-ASI Closed Bullish…Up by 22bps

May 16, 2025/United Capital Research Today, the Nigerian Exchange (NGX) closed on a positive note following share price appreciation in ACCESSCO (+6.82%) and WAPCO (+1.92%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 0.22% to close at 109,710.14 points. YTD returns settled at 6.59%, while market capitalization closed […]