June 16, 2026/InvestmentOne Report The NGXASI declined by 0.50% to close at 241,984.80pts, as the losses recorded in GTCO (-7.11%), ZENITHBANK (-2.83%) and UBA (-3.72%) drove the local equities market into the negative zone. In the fixed income space, the Treasury Bills secondary market traded on a bearish note amid […]
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Equity Market Edges Lower Despite Improved Trading Value
June 16, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in ZENITHBANK (-2.83%) and ACCESSCORP (-1.84%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.50% to settle at 241,984.80 points Year to date returns […]
Nigerian Stocks Depreciates -0.5% on Losses in Banking Sector
June 16, 2026/Cordros Report EQUITIES The Nigerian equities market closed today’s trading session on a bearish note as losses in GTCO (-7.1%), ZENITHBANK (-2.8%), UBA (-3.7%) and FIRSTHOLDCO (-1.6%) dragged the All-Share Index lower by 0.5% to 241,984.80 points. Consequently, the Month-to-Date and Year-to-Date returns settled lower at -3.4% and […]
