Investors Bite

NGXASI Gains -0.47%, Buoyed by UBA, SEPLAT, Julius Berger

October 4, 2024/InvestmentOne Report The NGXASI advanced today by 0.47% to close at 97,520.54pts as buying interest in SEPLAT (+10.00%), JBERGER (+7.14%) and UBA (+1.30%) pushed the equities market into the positive terrain. In the fixed income space, the Treasury Bills secondary market exhibited a negative performance amidst the sell pressure noticed […]

BUACEM, DANGCEM, FBNH Drags Nigerian Stocks to -1.0% Weekly Loss

All-Share Index fell by 1.0% w/w to 97,520.54 points. Notably, selloffs in DANGCEM (-10.0%), BUACEMENT (-3.4%), and FBNH (-11.2%) drove the weekly loss. October 4, 2024/Cordros Report Global According to Eurostat, headline inflation in the Euro Area moderated by 40bps to 1.8% y/y in September (August: +2.2% y/y) – the […]

United Capital Weekly Pan African Monitor Friday 4-October-2024

October 4, 2024/United Capital Research Anglophone West Africa Nigeria Naira-for-crude deal begins  The Technical Sub-Committee on Domestic Sales of Crude Oil in Local Currency, on Sunday, confirmed that the supply of crude in naira by the Nigerian National Petroleum Company Limited (NNPCL) to the Dangote Petroleum Refinery is to begin […]