Investors Bite

NGX-ASI Closed Bearish…Down by 25bps

January 7, 2025/United Capital Research Today, the Nigerian Exchanged (NGX) closed on a negative note following share price depreciation in banking stock ZENITHBA (-3.64%) and UBA (-2.44%). As a result, the benchmark All-Share Index (NGX-ASI) declined by 0.25% to close at 103,398.82 points. YTD returns settled at 0.46%, while market […]

NGXASI Dips 0.24% on Losses in Banking Stocks

January 7, 2025/InvestmentOne Report The NGXASI declined by 0.24% today to close at 103,398.82pts as losses in ZENITHBANK (-3.64%), UBA (-2.44%) and ACCESSCORP (-1.00%) drove the local bourse into the negative territory. In the fixed income space, the Treasury Bills secondary market traded on a positive note, following buy pressure seen on the […]

Nigerian Equities Reverse Gains 0.2%, Dragged by Banking Counters

January 7, 2025/Cordros Report EQUITIES The Nigerian Equities market reversed yesterday’s gains as sell pressures in ZENITHBANK (-3.6%), UBA (-2.4%) and ACCESSCORP (-1.0%) triggered a 0.2% decline in the All-Share Index to 103,398.82 points. Thus, the Year-to-Date return settled at +0.5%. The total volume traded increased by 29.9% to 1.11 billion units, […]