September 24, 2024/Cordros Report EQUITIES The local bourse extended yesterday’s bullish performance following investors’ interest in FBNH (+9.9%). Thus, the All-Share Index gained 0.2% to close at 98,568.59 points. As a result, the Month-to-Date and Year-to-Date returns increased to +2.1% and +31.8%, respectively. The total volume of trades declined by […]
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Nigerian Stocks Open Week Bullish +0.1%, Buoyed by Blue Chips
September 23, 2024/Cordros Report EQUITIES The domestic bourse opened the week on a bullish note, spurred by gains in FIDELITYBK (+9.9%), FBNH (+2.6%), and FLOURMILL (+9.8%). Consequently, the All-Share Index inched higher by 0.1% to 98,386.60 points, with the Month-to-Date and Year-to-Date returns settling at +1.9% and +31.6%, respectively. The total volume […]
United Capital Research Investment Views This Week, 23rd September to 27th September 2024
September 23, 2024/United Capital Research Global Markets: Fed Outsized Rate Cut Sours Positive Sentiments in Markets for Risk Assets The Fed’s rate cut announcement seemed to be the most significant factor influencing investor sentiment last week. The Federal Open Market Committee chose to lower its key overnight borrowing rate by […]
