Investors Bite

Equities Market Preview & Review

October 21, 2024/CSL Research After a mixed performance throughout the week, the domestic equities market ended on a positive note, buoyed by the successful listing of ARADEL on the Exchange via introduction. Despite losses in three out of the five trading sessions, the NGX All-Share Index advanced by 48bps w/w, […]

NGXASI Moderates by +0.01%, Driven by Banking Counters

October 18, 2024/InvestmentOne Report The NGXASI moderated today by 0.01% to close at 98,070.23pts as the selloffs in the share prices of FIDELITYBK (-4.44%), NB (-3.45%) and FBNH (-0.76%) drove the local equities market into the negative territory. In the fixed income space, the Treasury Bills secondary market closed in the negative […]

Nigerian Stocks Close Week with +0.5% Gain, Buoyed by Oil & Gas Counters

Strong buying interest in oil & gas stocks supported the market’s performance as the All-Share Index advanced by 0.5% w/w to 98,070.47 points. October 18, 2024/Cordros Report Global Consumer prices in the United Kingdom (UK) fell below the Bank of England’s 2.0% medium-term target for the first time since 2021. […]