September 19, 2024/Cordros Report EQUITIES The Nigerian stock market reversed yesterday’s gains as profit-taking activities in FBNH (-9.9%) triggered a 0.2% decline in the benchmark index. As a result, the NGX ASI closed at 98,003.75 points, with the MTD and YTD returns moderating to -1.5% and +31.1%, respectively. The total […]
Investors Bite
Reducing Trading Costs for All Investors
September 18, 2024/US SEC The Commission is reforming how exchanges quote individual stock prices, the fees investors pay to access orders on exchanges, and the price transparency of smaller orders. In a change from the status quo, the amendments will also provide real-time disclosure of exchanges’ access fees and rebates. […]
NGXASI Advance +0.56%, Driven by Investors Interest in Blue Chips
September 18, 2024/InvestmentOneReport The NGXASI advanced today by 0.56% to close at 98,230.92pts as investors buy interest in GEREGU (+9.52%), FBNH (+6.27%) and OANDO (+6.05%) drove the local equities market into the green zone. In the fixed income space, the Treasury Bills secondary market closed downwards driven by selloffs observed within the […]
