Investors Bite

NGXASI Declines -0.21%, Dragged by Banking Counters

July 25, 2024/InvestmentOne Report The NGXASI declined by 0.21% today to close at 100,156pts, as the losses in ZENITHBANK (-2.57%), FBNH (-2.79%) and UBA (-2.78%) drove the domestic bourse into the negative region. In the fixed income space, the Treasury Bills secondary market closed bearish today, driven by the selloffs observed in […]

FBNH, ZENITHBANK Pressure Nigerian Bourse to -0.02% Loss

July 25, 2024/Cordros Report EQUITIES The local bourse extended yesterday’s loss as sell pressure on ZENITHBANK (-2.6%) and FBNH (-2.8%) caused a 0.2% decline in the NGX ASI to 100,156.96 points. Consequently, the Month-to-Date and Year-to-Date returns printed +0.1% and +34.0%, respectively.   The total volume traded increased by 169.1% to 1.34 […]

Bears Prevail as NGXASI Down by -21Bps, Investors Loss N117.90Bn

—NGXASI stands at +34.95% (YTD); Naira depreciated by 1.08% to close at N1,603.80 July 25, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: Bears continued the losing streak in the local bourse as The NGX All-Share Index lost 21 basis point, closing at 100,156.96 points from 100,365.17 […]