January 24, 2025/InvestmentOne Report The NGXASI advanced by 0.79% today to close at 103,598.46pts, driven by the bullish momentum seen in MTNN (+1.18%), UBA (+4.29%) and ZENITHBANK (+3.12%) which propelled the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market traded on a positive note […]
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Nigerian Stocks Close Week Bullish +1.2%, Buoyed by MTNN, TRANSPOWER
The domestic equities market closed the week on a positive note, driven by bargain hunting in MTNN (+6.4%) following the NCC’s approval of a 50.0% tariff hike for telecommunication services. The market also reacted positively to TRANSPOWER’s (+8.0%) positive earnings release and accompanying dividend payment. Consequently, the All-Share Index (ASI) […]
Intraday Update: Nigerian Stocks Gain +0.15%, Buoyed by Bellwether Counters
January 24, 2025/InvestmentOne Update ASI as at 12.00pm: +0.15% Top Gainers and Losers: CHELLARAM (+10.00%), PZ (+9.36%), SOVRENINS (-9.40%) and AUSTINLAZ (-9.00%). Sector Performances: Banking (+0.74%), Consumer Goods (+0.08%), Industrial and Oil & Gas. Market activity: In today’s trade, total volume advanced by 129% while total value declined by 53% […]
