January 8, 2025/InvestmentOne Report The NGXASI advanced by 0.80% today to close at 104,230.73pts as bullish sentiment observed in MTNN (+10.00%), TRANSCORP (+10.00%) and FBNH (+6.61%) drove the local bourse into the positive region. In the fixed income space, the Treasury Bills secondary market traded on a positive note, following optimism seen across […]
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Nigerian Bourse Trades Positive +0.8%, Buoyed by Bellwether Counters
January 8, 2025/Cordros Report EQUITIES The domestic bourse traded on a positive note as bargain hunting in MTNN (+10.0%), TRANSCORP (+10.0%), and FBNH (+6.6%) drove the All-Share Index higher by 0.8% to 104,230.73 points. As a result, the Year-to-Date return inched higher to +1.3%. The total volume of trades declined […]
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 […]
