Investors Bite

NGXASI Shrinks -0.31%, Dragged by Bellwether Counters

July 30, 2024/InvestmentOne Report The NGXASI shrunk by 0.31% today to close at 97,830.65pts, as the losses in UCAP (-9.92%), NESTLE (-9.78%) and UBA (-5.26%) drove the domestic bourse into the negative region. In the fixed income space, the Treasury Bills secondary market closed bullish today, driven by the buy ins observed […]

Stock Recommendation & Trading Calendar for the Week

July 29, 2024/Futureview Research Kindly click here to download the Weekly Stock Recommendations from our Research team for this week 29th July – 02nd August, 2024. Also, see below the main events of the week from 29th July – 02nd August, 2024.

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 […]