January 23, 2025/InvestmentOne Report The NGXASI declined by 0.05% today to close at 102,788.20pts as the profit taking in MTNN (-0.81%), DANGSUGAR (-6.54%) and NASCON (-5.13%) drove the local equities market into the red. In the fixed income space, the Treasury Bills secondary market traded on a positive note amidst the buying interest […]
Investors Bite
Bears Resurface as Nigerian Stocks Loss -0.1%, Dragged by Blue Chips
January 23, 2025/Cordros Report EQUITIES The bears resurfaced in the domestic equities market as profit-taking activities in MTNN (-0.8%), DANGSUGAR (-6.5%) and NASCON (-5.1%) triggered a 0.1% decline in the All-Share Index to 102,788.20 points. As a result, Year-to-Date returns printed -0.1%. The total volume traded decreased by 3.1% to […]
Domestic Investor Participation Remains Strong
January 23, 2025/CSL Research Domestic investors continued to dominate market activity at the Nigerian Exchange Limited (NGX) in 2024, contributing a remarkable 84% of the total transaction value as of November, compared to just 16% from Foreign Portfolio Investors. This robust domestic participation has significantly bolstered the market, providing much-needed […]
