August 26, 2024/United Capital Research Global Markets: Positively Skewed Performance Last week, investors’ sentiments towards US financial markets were positive, driven by signals that inflation is trending lower. Also, the labour market was decent as signaled by the weekly jobless claims. The Bureau of Labour Statistics released its Payroll revision […]
Investors Bite
NGXASI Advance +0.27%, Buoyed by Gains in Blue Chips
August 23, 2024/InvestmentOne Report The NGXASI advanced today by 0.27% to close at 95,973.45 pts as gains in OANDO (+10.00%), ACCESSCORP (+5.00%) and TRANSCORP (+4.35%) drove the domestic equities market into the positive territory. In the fixed income space, the Treasury Bills secondary market closed positive as there was optimistic sentiment along […]
Nigerian Stocks End Week Bearish -1.2%, Dragged by DANGCEM, TRANSCOHOT
Nigerian stocks closed in the bear territory following bouts of profit-taking activities during the week. Notably, sell pressures on DANGCEM (-10.0%) and TRANSCOHOT (-6.3%) dragged the All-Share index 1.2% lower to 95,973.45 points. August 23, 2024/Cordros Report Global At the August monetary policy meeting, the People’s Bank of China (PBoC) maintained […]
