April 29, 2024/InvestmentOne Report The NGXASI declined by 0.22% today to close at 97,962.24pts, as the selloffs observed in GTCO (-7.89%), DANGSUGAR (-10.00%) and SEPLAT (-2.33%) drove the equities market into the red zone. In the fixed income space, the Treasury Bills secondary market continued its bullish trend today, the buy pressure […]
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Nigerian Equities Start Week Bearish -0.2% Dragged by Blue Chips
April 29, 2024/Cordros Report EQUITIES The domestic stock market kicked off on a bearish note as sell pressures on GTCO (-7.9%), DANGSUGAR (-10.0%), SEPLAT (-2.3%) and ZENITHBANK (-4.0%) undermined market performance. Accordingly, the All-Share Index declined by 0.2% to close at 97,962.24 points. As a result, the Month-to-Date and Year-to-Date […]
United Capital Research Investment Views This Week, 29th April to 3rd May 2024
April 29, 2024/United Capital Research Global Markets: A Return of Positive Sentiments for Risk Asset Classes Equities markets in the US managed to snap a string of three weekly losses as investors responded to the busiest week of the first-quarter earnings reporting. The positive earnings releases stimulated bargain hunting activities […]
