Investors Bite

NGXASI Gains +0.15%, Buoyed by Banking Counters

April 8, 2025/InvestmentOne Report The NGXASI advanced by 0.15% today to close at 104,376.73pts, as buy-ins in FIRSTHOLDCO (+3.70%), ZENITHBANK (+3.30%) and UBA (+2.64%) drove the local equities market into the green. In the fixed income space, the Treasury Bills secondary market closed bearish driven by selloffs observed across all the tenors. As […]

NGXASI Dips -0.01% on Selloffs in Blue Chips

April 4, 2025/InvestmentOne Report The NGXASI declined by 0.01% today to close at 105,511.89pts, as selloffs in OANDO (-6.04%), DANGSUGAR (-4.48%) and MANSARD (-10.00%) drove the domestic bourse into the negative region. In the fixed income space, the Treasury Bills secondary market closed bearish driven by selloffs observed across the short and […]

Monthly Equities Market Insight – March 2025

April 4, 2025/InvestmentOne Update The domestic equities market ended its two-month winning streak to close negative in March 2025, after registering a 1.99% MoM decline. The downturn performance was driven by selloffs in large-cap stocks, including TRANSCORP (-883.87pts), MTNN (-717.73pts), BUACEMENT (-578.39pts), OANDO (-221.46pts) and ACCESSCORP (-212.16pts) which outweighed gains […]