Investors Bite

NGXASI Dips -0.35%, Dragged by FIDELITYBANK, WEMABANK

November 27, 2024/InvestmentOne Report The NGXASI declined by 0.35% today to close at 97,296.57pts, as the sell pressure observed in NB (-5.26%), FIDELITYBK (-1.60%) and WEMABANK (-2.79%) pushed the local equities market into the negative terrain. In the fixed income space, the Treasury Bills secondary market traded on a bearish note as […]

Nigerian Equities Trade Mixed as Bellwether Counters Drive +1bps Marginal Gain

November 26, 2024/Cordros Report EQUITIES The Nigerian equities market traded with mixed sentiments in today’s session as buying interest in WAPCO (+9.2%) and ZENITHBANK (+0.9%) offset the losses in MTNN (-1.2%) and OANDO (-3.5%). As such, the NGX ASI increased marginally by 1bp to 97,639.88 points. Accordingly, the Month-to-Date and […]

NGXASI Inch Up +0.01%, Buoyed by Blue Chips

November 26, 2024/InvestmentOne Report The NGXASI inched up today by 0.01% to close at 97,639.88pts, as the gains recorded in WAPCO (+9.15%), ZENITHBANK (+0.93%) and STANBIC (+1.31%) drove the local bourse into the green. In the fixed income space, the Treasury Bills secondary market traded negatively due to the rise in yields […]