May 20, 2025/InvestmentOne Report The NGXASI advanced by 0.03% today to close at 109,730.47pts, driven by price appreciation in NESTLE (+10.00%), NB (+4.39%) and GTCO (+1.17%) which drove the local equities market into the green zone. In the fixed income space, the Treasury Bills secondary market traded on a positive note […]
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Nigerian Equities Trade Bullish +0.03%, Buoyed by Banking, Consumer Goods Counters
May 20, 2025/Cordros Report EQUITIES The Nigerian equities market traded cautiously with a bullish tilt, as buying interest in NESTLE (+10.0%) and NB (+4.4%) outweighed losses in FIDELITYBK (-5.0%) and FIRSTHOLDCO (-0.8%), causing the benchmark index to inch higher by 3bps to 109,730.47 points. Sequentially, the Month-to-Date and Year-to-Date returns […]
United-Capital-Research-Investment-Views-This Week 19th May to 23rd May 2025
May 19, 2025/United Capital Research Tariff Policy Reprieve Sparks Global Rally and Return of Risk Appetite US equities staged an impressive rally last week, driven by a decisive shift in sentiment following a surprise US-China tariff détente. President Trump’s announcement of a 90-day rollback in tariffs, reducing rates on both […]
