Investors Bite

NGXASI Dips -0.34%, Dragged by Oando, SATNBIC, Flour Mills

September 5, 2024/InvestmentOne Report The NGXASI declined today by 0.34% to close at 96,210.20pts as the sell pressure on OANDO (-9.65%), STANBIC (-1.78%) and FLOURMILL (-7.21%) drove the local equities market into the red. In the fixed income space, the Treasury Bills secondary market traded on a bullish note amid the buying […]

OANDO, ZENITHBANK Drags NGXASI to -0.35% Loss

September 4, 2024/InvestmentOne Report The NGXASI declined today by 0.35% to close at 96,537.48pts on the back of the losses recorded on OANDO (-10.00%), ZENITHBANK (-2.35%) and UBA (-2.26%) which pushed the domestic bourse into the negative zone. In the fixed income space, the Treasury Bills secondary market traded on a positive […]

Bears Return as Nigerian Stocks Loss -0.4%, Dragged by OANDO

September 4, 2024/Cordros Report EQUITIES The bears returned to the domestic stock market as profit-taking activities in OANDO (-10.0%) undermined market’s performance. As a result, the All-Share Index dipped by 0.4% to close at 96,537.48 points. Consequently, the Month-to-Date and Year-to-Date returns printed 0.0% and +29.1%, respectively. The total volume […]