Investors Bite

Bears Hold Sway as NGXASI Down by 15 bps; Investors Loss N84.58Bn

—NGXASI stands at +32.58% (YTD); Naira appreciated by 0.48% to close at N1,481.49 June 6, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: Bears re-emerged the Nigerian Exchange, as the market overturned the previous day’s positive trading to close in the red zone today. The All-Share Index […]

Fidelity Bank, STANBIC Drags NGXASI to Record -0.15% Loss

June 6, 2024/InvestmentOne Report The NGXASI declined by 0.15% today to close at 99,134.85pts, as the offers received in FIDELITYBK (-9.72%), STANBIC (-8.77%) and TRANSCORP (-3.29%) drove the equities market into the negative zone. In the fixed income space, the Treasury Bills secondary market was bullish at today’s close, as yields fell […]

Nigerian Stocks Trade Lower -0.2%, Dragged by FIDELITYBANK, STANBIC

June 6, 2024/Cordros Report EQUITIES The domestic stock market traded lower in today’s session, driven by sell pressures in STANBIC (-8.8%) and FIDELITYBK (-9.7%). As a result, the All-Share Index settled 0.2% lower to 99,134.85 points. Consequently, the Month-to-Date and Year-to-Date returns printed -0.2% and +32.6%, respectively. The total volume […]