July 24, 2024/InvestmentOne Report The NGXASI declined by 0.12% today to close at 100,365.17pts, as the losses in UBA (-5.07%), DANGSUGAR (-3.70%) and FBNH (-1.60%) drove the domestic bourse into the negative region. In the fixed income space, the Treasury Bills secondary market closed slightly positive, driven by the optimistic sentiment across […]
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Banking Counters Drag NGX Indices to -0.1% Loss
July 23, 2024/Cordros Report EQUITIES The domestic stock market reversed yesterday’s gains as selloffs in ZENITHBANK (-1.6%), UBA (-1.5%), and FBNH (-0.9%) caused a 0.1% decline in the NGX ASI to 100,486.12 points. Consequently, the Month-to-Date and Year-to-Date returns printed +0.4% and +34.4%, respectively. The total trading volume declined […]
ZENITHBANK Drives Nigerian Bourse to +0.03% Gain
July 22, 2024/Cordros Report EQUITIES The domestic bourse traded marginally higher, as buying interest in ZENITHBANK (+1.4%) spurred a 3bps expansion in the All-share index to 100,568.60 points. Thus, the Month-to-Date and Year-to-Date returns increased to +0.5% and +34.5%, respectively. The total volume traded declined by 44.4% to […]
