Investors Bite

NGXASI Dips -0.12% on Losses in Bellwether Counters

December 20, 2024/InvestmentOne Report The NGXASI declined by 0.12% today to close at 101,129.09pts, as sell-off witnessed in NB (-3.33%), WAPCO (+2.84%) and TRANSCORP (+0.58%) pushed the local bourse into the negative zone. In the fixed income space, the Treasury Bills secondary market closed on a bearish note today, largely due to the […]

NGXASI Surge +0.77%, Driven by Blue Chips

December 19, 2024/InvestmentOne Report The NGXASI surged by 0.77% today to close at 101,248.02pts, as bullish sentiments observed in TRANSCOHOT (+9.43%), NB (+7.14%) and GTCO (+1.98%) drove the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market closed on a positive note today, largely due to […]

Nigerian Stocks Sustain Bullish Run Eight Straight Session +0.8% on ARADEL Gains

December 19, 2024/Cordros Report EQUITIES The Nigerian equities market sustained its bullish run for the eighth consecutive session, driven by bargain hunting in ARADEL (+10.0%) following the announcement of the Minister of Petroleum Resources’ approval for the sale of the Shell Petroleum Development Company to Renaissance Africa Energy Limited, as […]