Investors Bite

Bears Hold Sway as NGXASI Down by -12 bps, as  Investors Loss N68.49Bn

—NGXASI stands at +34.23% (YTD); Naira depreciated by 2.45% to close at N1,586.71 July 24, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: Bears maintained dominance as the Nigerian equities market continued the previous day’s session in the south territory. The NGX All-Share Index lost 12 basis […]

Nigerian Bourse Dips -0.1%, Following Losses in Blue Chips

July 24, 2024/Cordros Report EQUITIES   The bears continued to dominate activities in the local bourse as investors took profits off UBA (-5.1%) and DANGSUGAR (-3.7%). Thus, the All-Share index settled 0.1% lower to close at 100,365.17 points. Sequentially, the MTD and YTD returns moderated to +0.3% and +34.4%, respectively. […]

NGXASI Declines -0.12%, Dragged by Bellwether Counters

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 […]