May 17, 2024/InvestmentOne Report The NGXASI declined by 0.03% today to close at 98,125.73pts, as the negative sentiment on TRANSCOHOT (-9.72%), NEM (-9.63%) and GTCO (-0.25%) propelled the market into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a bullish note as yields declined at […]
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Bears Sustain Hold as NGXASI Records -0.1% Weekly Loss
Bearish sentiments persisted in the local bourse for another week as profit-taking activities intensified. May 17, 2024/Cordros Report Global Economy According to the Bureau of Labor Statistics (BLS), headline inflation in the United States eased by 10bps to 3.4% y/y in April (March: 3.5% y/y). We highlight that the slowdown […]
Flour Mills Announces Shareholders’ Resolutions at the Court-Ordered Meeting on May 15, 2024
May 17, 2024/NGX This is to notify the Nigerian Exchange Limited (NGX) and the investing public that the below-joint resolutions were presented to the Shareholders for approval at the Court-Ordered Company Meeting held on Wednesday, 15th May 2024. Resolutions 1. The Scheme as contained in the Scheme Document dated March […]
