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United Capital Research Investment Views This Week, 25th March to 28th March 2024

March 25, 2024/United Capital Research Global Markets: Broad-based Bullish Sentiments Last week, the global equities market closed higher as positive sentiments emanating from stronger-than-expected economic data releases and interest rate decisions dominated the market. In the US, the equities market recorded weekly gains largely in response to the Federal Open […]

NGXASI Advance +0.25%, Buoyed by FBNH, GTCO, TRANSCORP

March 22, 2024/InvestmentOne Report The NGXASI advanced by 0.25% today to close at 104,647.37pts, as buying interest in GTCO (+3.28%), FBNH (+2.25%) and TRANSCORP (+3.69%) drove the market into the green zone. In the Fixed income space, the Treasury Bills secondary market closed down, largely driven by bearish sentiments across the curve. Consequently, Average […]

NGXASI Records -0.4% Weekly Loss as Investors Opt to Lock in Profits on Bellwether Stocks

Despite two positive trading sessions towards the end of the week, the local stock market ultimately ended lower as investors opted to lock in profits on bellwether stocks following the recent run-up in share prices. Specifically, the All-Share index dipped by 0.4% to close at 104,647.37 points, undermined by the […]