November 4, 2024/Cordros Update

November 4, 2024/InvestmentOne Report The NGXASI declined today by 0.54% to close at 96,907.48pts, driven by selloffs in OANDO (-9.98%), MTNN (-2.80%) and ZENITHBANK (-1.45%) which propelled the domestic bourse into the red zone. In the fixed income space, the Treasury Bills secondary market closed bullish largely due to buy pressure across […]

November 4, 2024/Cordros Report EQUITIES The domestic bourse carried on last week’s bearish performance, as sell pressures on OANDO (-9.9%), MTNN (-2.8%) and ARADEL (-10.0%) drove the All-Share Index down by 0.5% to 96,907.98 points. Thus, the Month-to-Date and Year-to-Date returns settled at -0.8% and +29.6%, respectively. The total volume of trades […]