—NGXASI stands at +31.27% (YTD); Naira depreciated by 2.24% to close at N1,339.23 April 26, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: Bears resurfaced in the Nigerian Equities market, overturning yesterday’s bullish close as the NGX All-Share Index shed 2 basis points by the close of […]
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Tier-1 Banking Counters Buoy NGXASI to Gain +0.01%
April 26, 2024/InvestmentOne Report The NGXASI slightly advanced by 0.01% today to close at 98,176.76pts, as bargain hunting in banking stocks including FBNH (+10.00%), STANBIC (+10.00%) and ACCESSCORP (+3.75%) drove the domestic bourse into the green zone. In the fixed income space, the Treasury Bills secondary market closed bullish, largely due to […]
NGXASI Dips -1.4% to Extend Weekly Loss, Dragged by Bellwether Counters
The domestic equities suffered another week of losses following broad-based declines across market bellwethers, even as some of the banks have started to show signs of recovery. The NGX ASI declined by 1.4% w/w. April 26, 2024/Cordros Report Global Economy Preliminary estimates from the United States (US) Bureau of Economic […]
