Investors Bite

NGXASI Dips -0.13% Dragged by Bellwether Counters

June 3, 2024/InvestmentOne Report The NGXASI declined by 0.13% today to close at 99,173.87pts, as the sell-interests observed in ETRANZACT (-9.82%), UNITYBNK (-9.80%) and JAIZBANK (-9.65%) drove the local bourse into the negative territory. In the fixed income space, the Treasury Bills secondary market was bullish at today’s close, as yields decreased […]

Nigerian Stocks Open Week Bearish -0.2%, Dragged by Blue Chips

June 3, 2024/Cordros Report EQUITIES   Trading in the domestic stock market began the week on a negative note as investors sold off FBNH (-4.7%), SEPLAT (-1.3%) and TRANSCORP (-3.9%). Thus, the All-Share index declined by 0.2% to close at 99,118.86 points.  Consequently, the Year-to-Date return settled at +32.6%. The […]

United Capital Research Investment Views This Week, 3rd June to 7th June 2024

June 3, 2024/United Capital Research Global Markets – Global Markets Closed Lower. Last week saw two very distinct trading dynamics in US markets. The week began with a continuation of technology stocks outperforming the market, while other market segments remained under pressure. The main source of concern was US Treasury […]