April 10, 2025/InvestmentOne Report The NGXASI advanced by 0.58% today to close at 104,788.25pts, as buy-ins in FIDELITYBK (+8.94%), ZENITHBANK (+4.02%) and GTCO (+2.62%) drove the local equities market into the positive zone. In the fixed income space, the Treasury Bills secondary market closed bullish driven by optimism observed across the short […]
Author: InvestAdvocate
Nigerian Equities Trade Bullish +0.6%, Buoyed by Banking Counters
April 10, 2025/Cordros Report EQUITIES The Nigerian equities market traded on a bullish note today, as renewed investor interest in banking names, most notably ZENITHBANK (+4.0%), GTCO (+2.6%), and FIDELITYBK (+8.9%) drove the All-Share Index higher by 0.6% to 104,788.25 points. As a result, the month-to-date and year-to-date returns settled […]
Composite PMI Remains in Expansion Zone for the Fourth Straight Month
April 10, 2025/CSL Research The Central Bank of Nigeria (CBN) recently released the Purchasing Managers’ Index (PMI) report for March 2025, covering the Industry, Services, and Agriculture sectors. The composite PMI stood at 52.3 points, indicating continued expansion in economic activity. This marks the fourth consecutive month of growth, following […]
