Investors Bite

Nigerian Stocks Start Week Bearish -0.04% on Losses in Banking Counters

February 10, 2025/Cordros Report EQUITIES Trading in the Nigerian stock market kicked off the week on a negative note, driven by profit-taking activities in ZENITHBANK (-2.3%), UBA (-2.7%) and FIDELITYBK (-4.8%). Thus, the All-Share Index declined by 4bps to close at 105,891.33 points, with the Month-to-Date and Year-to-Date returns moderating […]

NGXASI Dips -0.04% to Open Week, Dragged by FIDELITYBANK, ZENITHBANK

February 10, 2025/InvestmentOne Report The NGXASI declined by 0.04% today to close at 105,933.03pts, as losses observed in FIDELITYBK (-4.81%), UBA (-2.68%) and ZENITHBANK (-2.31%) drove the local bourse into the negative zone. In the fixed income space, the Treasury Bills secondary market closed positive as yields had declined across all tenors […]

Equities Market Preview & Review

February 10, 2025/CSL Research Equities Market Preview & Review The Nigerian equities market ended the week on a positive note, with the All-Share Index (ASI) advancing by 138 basis points (bps) week-on-week (w/w) to close at 105,933.03 points. The market experienced a bullish performance during the week, closing in the […]