Investors Bite

FBNH, ZENITHBANK Drags Nigerian Bourse to Open Week Bearish -0.1%

July 29, 2024/Cordros Report EQUITIES The domestic bourse started the week’s trading on a bearish note following sell pressures in ZENITHBANK (-3.6%) and FBNH (-2.6%). Consequently, the NGX ASI declined by 0.1% to close at 98,132.15 points. Accordingly, the Month-to-Date and Year-to-Date returns printed -1.9% and +31.2%, respectively. The total volume […]

United Capital Research Investment Views This Week, 29th July to 2nd August 2024

July 29, 2024/United Capital Research Global Markets: Mixed Sentiments Dominated the Market Last week, the global equities market closed on a mixed note due to a broad tech sell-off after underwhelming megacap earnings raised doubts about the sustainability of the artificial intelligence-driven bull market. In the US, market sentiment was […]

EBRD Invests in Georgia Global Utilities Green Eurobond

Image Credit: EBRD July 26, 2024/EBRD By Loretta  Martikian EBRD supports green Eurobond issuance by Georgian private water firm Georgia Global Utilities raises US$ 300 million to finance green projects EBRD to invest US$ 40 million to fund water-network infrastructure in Tbilisi The European Bank for Reconstruction and Development (EBRD) […]