August 20, 2024/InvestmentOne Update ASI as at 12.00pm: +0.04% Top Gainers and Losers: OANDO (+9.90%), CUTIX (+9.85%), THOMASWY (-9.71%) and GUINEAINS (-5.00%). Sector Performances: Industrial (+0.02%), Banking (-0.33%), Oil & Gas (-0.11%) and Consumer Goods (-0.06%). Market activity: In today’s trade, total volume and value increased by 392% and 53% […]
Investors Bite
Ahead of the US Dollar Domestic Bond Issuance
August 19, 2024/FBNQuest Research he federal government (FG) will auction its first series of the much-anticipated dollar-denominated domestic bond today, August 19, 2024. The issuance, the first of its kind, marks a significant milestone in the nation’s domestic debt market. The bond security, available to local and foreign investors and […]
NGXASI Dips -1.36% on Losses in Bellwether Counters to Open Week
August 19, 2024/InvestmentOne Report The NGXASI declined today by 1.36% to close at 95,781.68pts as losses in DANGCEM (-10.00%), DANGSUGAR (-5.29%) and NB (-3.45%) offset the gains in BUACEMENT (+3.73%), TRANSCOHOT (+6.25%) and OANDO (+9.90%). In the fixed income space, the Treasury Bills secondary market closed up as we observed buy pressure […]
