May 9, 2025/Cordros Report Global In line with market expectations, the Federal Open Market Committee (FOMC), at its May 2025 meeting, voted to maintain the target range for the federal funds rate at 4.25% – 4.50%, leaving the rate unchanged for the fourth consecutive time. The Committee noted that, excluding […]
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NGXASI Dips -0.46%, Dragged by Blue Chips
May 9, 2025/InvestmentOne Report The NGXASI fell by 0.46% today to close at 108,733.40pts, as the bargain hunting in TRANSCORP (-4.55%), TRANSCOHOT (-2.54%) and ACCESSCORP (-2.54%) pushed the local equities market into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a negative note […]
NGX-ASI Closed Bullish…Up by 35bps
May 8, 2025/United Capital Report Today, the Nigerian Exchange (NGX) closed on a positive note following share price appreciation in DANGCEM (+1.85%) and TRANSCOH (+8.62%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 0.35% to close at 109,231.96 points. YTD returns settled at 6.13%, while market capitalization closed […]
