Investors Bite

NGXASI Advance +0.30%, Buoyed by MTNN, PRESCO, ZENITHBANK

July 15, 2024/InvestmentOne Report The NGXASI advanced by 0.30% today to close at 99,971.64pts, as buy interest in ZENITHBANK (+5.26%), PRESCO (+3.79%) and MTNN (+1.50%) drove the domestic bourse into the positive terrain.   In the fixed income space, the Treasury Bills secondary market traded on a positive note as […]

Nigerian Stocks Open Week Bullish +0.3%, Driven by MTNN, ZENITHBANK

July 15, 2024/Cordros Report EQUITIES The domestic bourse started the week’s trading with bullish sentiments following buying interest in ZENITHBANK (+5.3%) and MTNN (+1.5%). Thus, the NGX ASI advanced by 0.3% to close at 99,971.64 points. Consequently, the Month-to-Date and Year-to-Date returns settled at -0.1% and +33.7%, respectively. The total […]

United Capital Research Investment Views This Week, 15th July to 19th July 2024

July 15, 2024/United Capital Research Global Markets Last week, US markets had a slow start as traders digested the previous Friday’s employment data. Similarly, focus was shifted to Fed Chair, Jerome Powell’s two-day testimony before Congress. The Fed Chair was slightly dovish, pointing to progress on inflation and suggesting that […]