Investors Bite

UBA, WAPCO, ZENITHBANK Drives NGXASI to +0.48% Gain

February 7, 2025/InvestmentOne Report The NGXASI advanced by 0.48% today to close at 105,933.03pts, as gains in WAPCO (+5.71%), ZENITHBANK (+3.38%) and UBA (+3.03%) drove the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market closed positive as yields had declined across all tenors of […]

Blue Chips Buoy Nigerian Stocks to 1.3% Weekly Gain, Year-to-Date Rise +2.9%

Notably, gains in PRESCO (+19.7%), FBNH (+10.2%), and MTNN (+2.0%) drove a 1.3% w/w increase in the All-Share Index to 105,933.03 points, bringing the Year-to-Date return to +2.9%. February 7, 2025/Cordros Report Global According to recently released data from Eurostat, the Euro Area’s consumer prices rose to a six-month high […]

Intraday Update: Nigerian Stocks Inch Up +0.29%, Driven by Bellwether Counters

February 7, 2025/InvestmentOne Update ASI as at 12.00pm: +0.29% Top Gainers and Losers: UPDC (+9.75%), FIDSON (+9.42%), FTNCOCOA (-4.79%) and TANTALIZER (-3.85%). Sector Performances: Banking (+0.76%) Industrial (+0.32%), Oil & Gas (+0.02%) and Consumer Goods. Market activity: In today’s trade, total volume advanced by 3% while total value declined by […]