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Nigerian Equities Up 4Bps, Driven by Banking Sector

March 25, 2025/Cordros Report EQUITIES Bullish sentiments persisted in the domestic bourse, as gains in ZENITHBANK (+3.2%) and GTCO (+1.4%) caused a 4bps increase in the benchmark index to 105,593.28 points. Consequently, the Month-to-Date and Year-to-Date returns settled at -2.1% and +2.6%, respectively. The total trading volume decreased by 20.7% […]

NGXASI Gains +0.04%, Buoyed by Banking Counters

March 25, 2025/InvestmentOne Report The NGXASI advanced by 0.04% today to close at 105,593.28pts, as buy pressure especially in banking stocks including FIDELITYBK (+4.38%), ZENITHBANK (+3.24%) and GTCO (+1.37%) drove the domestic bourse into the green zone. In the fixed income space, the Treasury Bills secondary market closed up driven by positive […]

Nigerian Equities Open Week Bullish +0.6%k

March 24, 2025/Cordros Report EQUITIES The domestic stock market opened the week on a positive note, driven by bargain hunting in banking names, including GTCO (+6.5%), ZENITHBANK (+5.0%), and UBA (+2.7%). As a result, the All-Share Index advanced by 0.6% to 105,551.39 points, with the Month-to-Date and Year-to-Date returns settling […]