Investors Bite

UBA, OANDO Drives Nigerian Stocks to Open Week Bullish +0.1%

September 30, 2024/Cordros Report EQUITIES The domestic bourse kicked off the week’s trading with bullish sentiments as the gains in OANDO (+9.8%) and UBA (+9.9%) outweighed the loss in BUACEMENT (-3.4%). As a result, the All-Share Index closed 0.1% higher to 98,558.79 points, with the Month-to-Date and Year-to-Date returns printing +2.1% […]

Intraday Update: Nigerian Stocks Gain +0.25%, Buoyed by Bellwether Counters

September 30, 2024/InvestmentOne Update ASI as at 12.00pm: +0.25% Top Gainers and Losers: NSLTECH (+10.00%), RTBRISCOE (+9.97%), ELLAHLAKES (-9.96%) and CAVERTON (-9.70%). Sector Performances: Banking (+1.36%), Consumer Goods (-0.03%), Industrial (-0.01%) and Oil & Gas. Market activity: In today’s trade, total volume and value surged by 1609% and 4801%, when […]

United Capital Research Investment Views This Week, 30th September to 4th October 2024

September 30, 2024/United Capital Research Global Markets: Accommodative Monetary Policy Stance Drove the Market Last week, the global equities market closed on a positive note, following monetary policy easing across global central banks. A series of impressive economic reports also supported the positive market momentum as market participants remained optimistic […]