Investors Bite

NGXASI Dips -0.34% on Losses in FBNH, TRANSCORP, ZENITHBANK

February 24, 2025/InvestmentOne Report The NGXASI declined by 0.34% today to close at 108,126.97pts, as the losses recorded in FBNH (-4.07%), TRANSCORP (-3.14%) and ZENITHBANK (-2.02%) drove the domestic bourse into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a positive note, driven by buying […]

Nigerian Equities Open Week Bearish -0.3%, Dragged by FBNH, TRANSCORP

February 24, 2025/Cordros Report EQUITIES The domestic bourse kicked off the week on a bearish note as sustained losses in TRANSCORP (-3.1%) and FBNH (-4.1%) drove the All-Share Index down by 0.3% to 108,126.97 points. Sequentially, the Month-to-Date and Year-to-Date returns moderated to +3.5% and +5.1%, respectively.   The total […]

Equities Market Preview & Review

February 24, 2025/CSL Research Equities Market Preview & Review The Nigerian equities market ended the week on a positive note, with the All-Share Index (ASI) rising by 41 basis points (bps) week-on-week (w/w) to close at 108,497.40 points. Investor sentiment remained mixed throughout the week, with the overall weekly gain […]