Investors Bite

FG Lists N4.214Bn April Savings Bonds on NGX

May 15, 2024/NGX   The Federal Government has listed its April 2024 Savings Bonds worth N4.214 billion on the Nigerian Exchange Limited platform. This was disclosed in the market bulletin signed by the Head, Issuers Regulation Department of NGX, Godstime Iwenekhai. According to the bulletin, “Trading License Holders are hereby […]

Bearish Sentiment Prevails as NGXASI Down -24 bps, Investors Loss N132.65Bn

—NGXASI stands at +30.36% (YTD); Naira depreciated by 2.86% to close at N1,520.40 May 14, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: The bearish forces are exerting influence in the local bourse continuing the downward trend, with bearish sentiment, driving prices down. The All-Share Index (NGXASI) […]

Nigerian Bourse Sustain Bearish Trend, Dips -0.2%, Dragged by Dangote Sugar

May 14, 2024/Cordros Report EQUITIES   The local bourse sustained yesterday’s negative sentiments as profit taking activities in DANGSUGAR (-10.0%) caused the benchmark index to fall by 0.2% to 97,473.98 points. Sequentially, the MTD and YTD returns settled lower at -0.8% and +30.4%, respectively.   The total trading volume decreased […]