May 12, 2025/United Capital Report Today, the Nigerian Exchange (NGX) closed on a negative note following share price depreciation in MTNN (-2.07%) and SEPLAT (-1.95%). As a result, the benchmark All-Share Index (NGX-ASI) fell by 0.25% to close at 108,467.98 points. YTD returns settled at 5.38%, while market capitalization closed […]
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Nigerian Bourse Open Week Bearish -0.4%, Dragged by Blue Chips
May 12, 2025/Cordros Report EQUITIES The local bourse kicked off the week on a bearish note as losses in MTNN (-2.1%), SEPLAT (-2.0%), and WAPCO (-4.9%) drove the All-share index lower by 0.4% to 108,261.47 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to +2.3% and +5.2%, respectively. The total […]
United Capital Weekly Pan African Monitor Friday 09-May-2025
May 9, 2025/United Capital Research Anglophone West Africa (WAEMU) Nigeria Strong customer demand lifts Nigeria’s business activity as PMI holds at 54.2 Nigeria’s private sector sustained its growth momentum into the second quarter of 2025, as strong customer demand underpinned another solid expansion in business activity, according to the latest […]
