January29, 2025/Cordros Report EQUITIES The Nigerian equities market traded on a positive note as bargain hunting in ARADEL (+10.0%) following the release of their 2024FY unaudited financial statements and gains in STANBIC (+9.9%) drove the All-Share Index higher by 0.6% to 104,549.74 points. As a result, the Year-to-Date return inched […]
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UBA, STANBIC, Nigerian Breweries Drives NGXASI to+0.57% Gain
January 29, 2025/InvestmentOne Report The NGXASI advanced by 0.57% today to close at 104,549.74pts, as gains in STANBIC (+9.92%), NB (+6.25%) and UBA (+0.80%) drove the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market traded on a positive note largely due to buy pressure […]
Intraday Update: Nigerian Stocks Gain +0.55%, Buoyed by Blue Chips
January 29, 2025/InvestmentOne Update ASI as at 12.00pm: +0.55% Top Gainers and Losers: CHELLARAM (+9.98%), STANBIC (+9.92%), MCNICHOLS (-10.00%) and THOMASWY (-9.80%). Sector Performances: Banking (+0.51%), Consumer Goods (+0.47%), Industrial (+0.01%) and Oil & Gas (-0.09%). Market activity: In today’s trade, total volume and value decreased by 33% and 30% […]
