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 […]
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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 […]
FSDH Top Picks: Synchronised Rebound in Domestic and Global Equity Performance
June 6, 2024/FSDH Research Kindly click here to download the report The Nigerian equities market rebounded from April’s dip, underpinned by bargain hunting on some bellwether counters, particularly in the banking sector. The month started on a negative note for Nigerian equities as bearish momentum dominated the first three weeks, with investors […]

