Investors Bite

Nigerian Bourse Open Week Bearish -0.5%, Dragged by DANGSUGAR, TRANSCORP

March 25, 2024/Cordros Report EQUITIES The local bourse opened the week’s trading on a bearish note as profit-taking activities in DANGSUGAR (-10.0%) and TRANSCORP (-8.4%) undermined market performance. Consequently, the NGX ASI closed lower by 0.5% to 104,136.35 points as the Month-to-Date and Year-to-Date returns moderated to +4.2% and +39.3%, […]

NGXASI Dips -0.49% Dragged by DANGSUGAR, ETI, TRANSCORP

March 25, 2024/InvestmentOne Report The NGXASI declined by 0.49% today to close at 104,136.35pts, as selloffs in DANGSUGAR (-10.00%), TRANSCORP (-8.41%) and ETI (-7.31%) buoyed the market into the red terrain. In the Fixed income space, the Treasury Bills secondary market closed up, majorly driven by bullish sentiment at the short end […]

Bears Resurface as NGXASI Down by -49bps, Investors Loss N288.93Bn

—-NGXASI stands at +39.27% (YTD); Naira appreciated by 3.11% to close at N1,408.04. March 25, 2024/Futureview Research Click here to download the full report EQUITIES MARKET: Bears resurface in the Nigerian Exchange as the market closed in the red, opening the week’s trading in the negative zone. The NGX All-Share […]