Investors Bite

Nigerian Stocks Advance +0.19% on Gains in Bellwether Counters

January 30, 2025/InvestmentOne Report The NGXASI advanced by 0.19% today to close at 104,744.43pts, as gains in DANGCEM (+2.34%), TRANSCORP (+3.49%) and OANDO (+2.01%) drove the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market closed positive following buy pressure observed across the curve. Consequently, Average T-Bills […]

Nigerian Equities Extend Bullish Run, Gains +0.2% Buoyed by DANGCEM, TRANSCORP

January 30, 2025/Cordros Report EQUITIES The local bourse extended yesterday’s gains as buying interests in DANGCEM (+2.3%) and TRANSCORP (+3.5%) caused a 0.2% increase in the benchmark index to 104,744.43 points. Consequently, the Year-to-Date returns settled at +1.8%. The total trading volume increased by 18.0% to 497.36 million units, valued at […]

NGX-ASI Closed Bullish…Up by 19bps

January 30, 2025/United Capital Research The Nigerian Exchange (NGX) closed on a positive note following share price appreciation in DANGCEM (+2.34%) and TRANSCOR (+3.48%). As a result, the benchmark All-Share Index (NGX-ASI) improved by 0.19% to close at 104,744.43 points. YTD returns settled at 1.77%, while market capitalization closed at […]