December 4, 2024/InvestmentOne Update ASI as at 12.00pm: +0.49% Top Gainers and Losers: TIP (+9.72%), FTNCOCOA (+9.50%), HMCALL (-9.15%) and DAARCOMM (-8.93%). Sector Performances: Oil & Gas (+3.12%), Industrial (+0.86%), Banking (+0.02%) and Consumer Goods (-0.62%). Market activity: In today’s trade, total volume and value decreased by 74% and 38% […]
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ARADEL, WAPCO Drags Nigerian Stocks to Bearish Zone -3bps
December 3, 2024/Cordros Report EQUITIES The Nigerian equities market traded with mixed sentiments, albeit with a bearish tilt, as sell pressures on ARADEL (-8.7%) outweighed gains in WAPCO (+10.0%). Consequently, the All-Share Index inched lower by 3bps to 97,702.56 points, with the Month-to-Date and Year-to-Date returns settling at +0.2% and […]
Bears Resurface as NGXASI Dips -0.03% on Losses in INTBREW, STERLINGNG
December 3, 2024/InvestmentOne Report The NGXASI declined by 0.03% today to close at 97,702.56pts, as losses in INTBREW (-2.44%), UACN (-2.44%) and STERLINGNG (-1.04%) drove the domestic bourse into the red terrain. In the fixed income space, the Treasury Bills secondary market traded on a negative note, largely due to selloffs on […]
