Investors Bite

United Capital Research Investment Views This Week, 15th April to 19th April 2024

April 15, 2024/United Capital Report Global Markets: Dampened Expectations of a Possible US Rate Cut in June Last week, the global equities market closed on a negative note. The downside bias was driven by weaker-than-expected economic data releases, a recalibration of rate cut expectations, and increased geopolitical tensions. Reports that […]

NGX Group Schdeules 63rd AGM for April 29, 2024

April 12, 2024/NGX Nigerian Exchange Group Plc (NGX Group) is set to hold its 63rd Annual General Meeting (AGM) on Monday, 29 April 2024, at 11:00 a.m. The AGM, which is in accordance with the provisions of Section 235 of the Companies and Allied Matters Act (CAMA) 2020, will take place […]

NGXASI Declines -0.71% Following Selloffs in FBNH, GTCO, DANGSUGAR

April 12, 2024/InvestmentOne Report The NGXASI declined by 0.71% today to close at 102,314.56pts, as the selloffs observed in GTCO (-10.00%), DANGSUGAR (-10.00%) and FBNH (-6.71%) drove the market into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a bullish note today, as we observed […]