November 6, 2024/Cordros Report EQUITIES The local bourse reversed yesterday’s gains as losses in AIRTELAFRI (-2.0%), UBA (-10.0%) and OANDO (-10.0%) caused a 0.3% decline in the benchmark index to 96,834.77 points. As a result, the Month-to-Date and Year-to-Date returns settled at -0.8% and +29.5%, respectively. The total volume traded decreased […]
Investors Bite
FBN Holdings Opens Rights Issue 5,982,548,799 Ordinary Shares of 50 Kobo Each at ₦25.00 Per Share
November 6, 2024/Futureview Research Futureview Securities Limited is pleased to inform you that FBN Holdings PLC (“FBN Holdings” or the “FBNH” or the “Issuer”) Rights Issue of 5,982,548,799 ordinary shares at 50 kobo each, priced at N25.00 per share, available on the basis of 1 new ordinary share for every 6 […]
NGXASI Dips -0.30%, Dragged by Bellwether Counters
November 6, 2024/InvestmentOne Report The NGXASI declined today by 0.30% to close at 96,834.77pts, as losses in UBA (-9.99%), OANDO (-9.98%) and AIRTELAFRI (-1.96%) drove the local bourse into the negative terrain. In the fixed income space, the Treasury Bills secondary market closed bearish due to selloffs majorly on the long tenor […]
