The Nigerian equities market sustained its descent for the fifth consecutive week as Tier-1 Banking stocks drove the market lower, with the All-Share Index settling below the 100,000-points mark. April 19, 2024/Cordros Report Global Economy According to the National Bureau of Statistics (NBS) of China, the Chinese economy beat market […]
Investors Bite
FBNH, GTCO, STANBIC Drags NGXASI -0.31% into Bearish Zone
April 19, 2024/InvestmentOne Report The NGXASI declined by 0.31% today to close at 99,539.75pts, as the selloffs on FBNH (-9.83%), STANBIC (-4.76%) and GTCO (-2.47%) drove the market into the negative territory. In the fixed income space, the Treasury Bills secondary market exhibited a bearish spike, as sell pressure was noticed at […]
Bears Hold Sway as NGXASI down by 31bps, Investors Loss N173.16Bn
—NGXASI stands at +33.12% (YTD); Naira depreciated by 1.38% to close at N1,169.99 April 19, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: The domestic bourse sustained its bearish tone today, to close the week’s trading in the red. The NGX All-Share Index shed 31 basis points […]
