May 6, 2024/United Capital Research Global Markets: The Fed Kept its Benchmark Interest Unchanged Last week, the global equities market closed on a mixed note amid a slate of earnings news and market-moving economic releases. In the US, the performance of the mega cap stocks significantly impacted the overall index […]
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Nigerian Stocks Advance +0.83%, Buoyed by Blue Chips
May 3, 2024/InvestmentOne Report The NGXASI advanced by 0.83% today to close at 99,587.25pts, as the buy-interest observed in MTNN (+2.38%), GTCO (+8.86%) and FBNH (+8.00%) drove the equities market into the green zone. In the fixed income space, the Treasury Bills secondary market was bullish today, as there was optimism across […]
UBA, GTCO, FBNH Drives NGXASI to 1.5% Weekly Gain
Particularly investors’ interest in FBNH (+32.7%), GTCO (+16.1%), UBA (+12.1%) and MTNN (+6.4%) drove the benchmark index higher by 1.5% w/w May 3, 2024/Cordros Report Global Economy In line with market expectations, the Federal Open Market Committee (FOMC), at the recently concluded May policy meeting, voted to keep the target […]
