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 […]
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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 […]
NGXASI Gains +0.03%, Buoyed by Blue Chips
July 22, 2024/InvestmentOne Report The NGXASI advanced by 0.03% today to close at 100,568.60pts, as gains in JBERGER (+5.71%), ETI (+1.85%) and ZENITHBANK (+1.35%) drove the domestic bourse into the green zone. In the fixed income space, the Treasury Bills secondary market closed bullish, largely due to buy-ins across the curve. Consequently, Average […]
