Investors Bite

NGX-ASI Closed Bullish…Up by 156bps

May 6, 2025/United Capital Report Today, the Nigerian Exchange (NGX) closed on a positive note following share price appreciation in MTNN (+9.16%) and NESTLE (+10.00%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 1.56% to close at 108,361.10 points. YTD returns settled at 5.28%, while market capitalization closed […]

Bargain-Hunting Continues as ETI, NESTLE Lift Nigerian Stocks to +1.6% Gain

May 6, 2025/Cordros Report EQUITIES Bargain-hunting activities continued today in the Nigerian equities market, with ETI (+10.0%) and NESTLE (+10.0%) lifting the bourse. Consequently, the ASI ended the session 1.6% higher at 108,361.10 points with the Month-to-Date and Year-to-Date returns settling at +2.6% and +5.3%, respectively. The total volume of […]

United-Capital-Research-Investment-Views-This Week 5th May to 9th May 2025

May 5, 2025/United Capital Research Markets Rebound Amid Trade Uncertainty, but Headwinds Persist Across Regions US equities closed out a historic month of April with dramatic swings, as the S&P 500 briefly flirted with a technical bear market before staging a sharp recovery. The index’s ~-14.00% drawdown and rebound in […]