Investors Bite

NGX Dips -0.15%, Dragged by ACCESS, GTCO, FIDELITYBANK

May 23, 2024/InvestmentOne Report The NGXASI declined by 0.15% today to close at 97,978.26pts, as selloffs particularly in banking stocks including GTCO (-2.63%), ACCESSCORP (-2.94%) and FIDELITYBK (-5.88%) drove the local bourse into the negative terrain. In the fixed income space, the Treasury Bills secondary market closed positive, as we observed buy […]

Access, GTCO, SEPLAT Drags Nigerian Bourse to Trade Lower -0.2%

May 23, 2024/Cordros Report EQUITIES The local bourse closed lower in today’s trading session as losses in GTCO (-2.6%) and ACCESSCORP (-2.9%) offset the gain in SEPLAT (+1.3%). As a result, the All-Share Index declined by 0.2% to close at 97,977.79 points. Consequently, the Month-to-Date and Year-to-Date returns printed -0.3% […]

Bearish Sentiment Prevail as NGXASI Down by 15bps; Investors Loss N84.71Bn;

—NGXASI stands at +31.03% (YTD); Naira depreciated by 1.58% to close at N1, 485.66 May 23, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: Bears exert control in today’s trading session, keeping the domestic bourse in the red zone, as the All-Share Index (NGXASI) shed 0.15% to […]