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DANGSUGAR, FBNH Drags Nigerian Stocks to 0.1% Weekly Loss

The local stock market witnessed another subdued performance despite closing marginally higher on two of the four trading sessions this week. Accordingly, the All-Share index shed 0.1% w/w to close at 104,562.06 points. March 28, 2024/Cordros Report Global Economy According to final data from the Bureau of Economic Analysis (BEA), […]

Intraday Update: Nigerian Stocks Gain +0.11%, Driven by Blue Cips

March 28, 2024/InvestmentOne Update ASI as at 12.00pm: +0.11% Top Gainers and Losers: IKEJAHOTEL (+9.91%), UPDCREIT (+9.57%), SOVRENINS (-8.70%) and CHAMS (-7.32%). Sector Performances: Banking (+0.32%), Industrial (+0.04%), Consumer Goods (-0.05%) and Oil and Gas. Market activity: In today’s trade, total volume and value increased by 29% and 45%, respectively […]

Bulls Resurface as Nigerian Bourse Gain +0.3%, Driven by Banking Counters

March 27, 2024/Cordros Report EQUITIES   Bullish sentiments resurfaced in the domestic stock market today, driven by bargain hunting in ZENITHBANK (+8.8%) and GTCO (+5.7%) stocks. As a result, the All-Share Index notched a 0.3% gain to close at 104,283.64 points, with the MTD and YTD gains printing +4.3% and […]