—NGXASI stands at +30.88% (YTD); Naira appreciated by 9.68% to close at N1,339.33 May 27, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: Bulls closed today’s trading, overturning last week’s negative closure as the All-Share Index (NGXASI) gained 0.26% to close at 97,863.34 points from 97,612.51 points […]
Investors Bite
NGXASI Gains +0.26% to Open Week, Buoyed by Banking Counters
May 27, 2024/InvestmentOne Report The NGXASI advanced by 0.26% today to close at 97,864.65pts, as the buy-interests observed in UBA (+5.73%), ZENITHBANK (+2.50%) and FBNH (+3.18%) drove the local bourse into the positive territory. In the fixed income space, the Treasury Bills secondary market remained unchanged at today’s close, as sentiment was […]
MPR Hike Drags Nigerian Stocks to Record -0.5% Weekly Loss
Notably, the banks bore the brunt of the selloffs following declines in UBA (-12.1%), FBNH (-10.9%), ZENITHBANK (-8.5%) and GTCO (-6.5%). As a result, the All-Share Index declined by 0.5% w/w to close at 97,612.51 points. May 24, 2024/Cordros Report Global According to the Office for National Statistics (ONS), the […]

