Investors Bite

UBA, FIDELITY, DANGSUGAR Drives Nigerian Stocks to Open Week +0.2% Higher

October 7, 2024/Cordros Report EQUITIES Trading in the domestic bourse kicked off the week on a positive note as buying interest in FIDELITYBK (+10.0%), UBA (+2.4%), and DANGSUGAR (+5.9%) drove the All-Share Index higher by 0.2% to 97,706.70 points. Thus, the month-to-date and Year-to-Date returns printed -0.9% and +30.7%, respectively. The […]

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 […]