March 7, 2025/InvestmentOne Report The Monetary Policy Committee (MPC) meeting that was held in February resulted in a hold decision, as committee members unanimously decided to halt the aggressive rate increases seen in the past year. Hence, the Monetary Policy Rate (MPR) was left at 27.50%, the asymmetric corridor around […]
Author: InvestAdvocate
NGXASI Dips -0.23% on Selloffs in FCMB, MTNN, TRANSCORP
March 7, 2025/InvestmentOne Report The NGXASI declined by 0.23% today to close at 106,538.60pts, as selloffs observed in TRANSCORP (-9.46%), MTNN (-3.18%) and FCMB (-7.61%) drove the domestic bourse into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a bearish note, mostly driven by the […]
Intraday Update: Nigerian Stocks Gain +0.09%, Driven by Blue Chips
March 7, 2025/InvestmentOne Update ASI as at 12.00pm: +0.09% Top Gainers and Losers: HONYFLOUR (+9.80%), MAYBAKER (+9.66%), TRANSCORP (-9.94%) and CHAMPION (-9.52%). Sector Performances: Banking (+1.00%), Consumer Goods (+0.13%), Oil & Gas (+0.04%) and Industrial. Market activity: In today’s trade, total volume and value advanced by 4% and 8% respectively, […]
