The Nigerian equities market rebounded after three consecutive weeks of bearish sentiments, as bargain hunting activities across tickers with attractive entry points pushed the All-Share Index higher by 1.7% to 99,300.38 points. May 31, 2024/Cordros Report Global Economy According to the United States Department of Labor, the initial jobless claims […]
Investors Bite
Intraday Update: Nigerian Stocks Gain +0.09% on Blue Chips Interest
May 31, 2024/InvestmentOne Update ASI as at 12.00pm: +0.09% Top Gainers and Losers: UPDC (+9.84%), SOVRENINS (+9.76%), CHAMS (-4.46%) and HONYFLOUR (-3.23%). Sector Performances: Banking (+0.26%), Consumer Goods (-0.01%), Industrial and Oil & Gas. Market activity: In today’s trade, total volume and value both increased by 75% and 147% respectively, […]
Foreign Participation Up Moderately in April
May 31, 2024/CSL Research In its Domestic & Foreign Portfolio Investment Report for April 2024, the Nigerian Exchange Group (NGX) reported a significant year-on-year (y/y) increase in total investor participation, both domestic and foreign. The participation rose by 162.55%, reaching N1.89 trillion in April 2024, up from N721.44 billion in […]
