—NGXASI stands at +33.48% (YTD); Naira depreciated by 1.07% to close at N1,148.14 April 16, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: The Nigerian Equities market sustained the bearish momentum to close the day’s trading in the red zone as the NGX All-Share Index shed 193 […]
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Tier-1 Banks Drag NGXASI to Bearish Zone -1.04%
April 16, 2024/InvestmentOne Report The NGXASI declined by 1.04% today to close at 100,717.21pts, as the selloffs on DANGCEM (-4.37%), ZENITHBANK (-8.41%) and UBA (-8.00%) propelled the market into the red terrain. In the fixed income space, the Treasury Bills secondary market traded on a positive note, as buying interest was observed […]
Bears Sustain Dominance as Nigerian Bourse Dips -1.9%, Dragged by Dangote Cement
April 16, 2024/Cordros Report EQUITIES The bears continued to dominate on local bourse as investors sold off DANGCEM (-4.4%) stock. Precisely, the All-Share Index dipped by 1.9% to 99,808.34 points. Consequently, the Month-to-Date loss increased to -4.6%, while the Year-to-Date return moderated to +33.5%. The total volume traded declined by […]
