March 11, 2024/United Capital Research Global Markets: Mixed Investors’ Sentiment Prevailed In the US, growing hopes that the Federal Reserve might begin cutting interest rates sooner rather than later appeared to help bring the large-cap S&P 500 Index and S&P Mid-Cap 400 Index to new record intraday highs, alongside the […]
Investors Bite
Intraday Update: Nigerian Stocks Gain +0.57%, Driven by Blue Chips
March 11, 2024/InvestmentOne Update ASI as at 12.00pm: +0.57% Top Gainers and Losers: NASCON (+9.92%), ELLAHLAKES (+9.67%), LASACO (-9.83%) and RTBRISCOE (-8.16%). Sector Performances: Banking (+1.50%), Consumer goods (+1.02%), Industrial (+0.11%) and Oil & Gas. Market activity: In today’s trade, total volume and value declined by 3% and 56% when compared […]
NGXASI Advanced by +2.6% Week-on-Week, Driven by Transcorp, Other Blue Chips
Positive sentiments returned to the Nigerian equities market this week, as the bourse recorded gains on all trading days following bargain hunting in MTNN (+10.3%), BUACEMENT (+4.4%), FBNH (+15.3%) and increased demand for TRANSCORP (+10.0%) – after the recent listing of its subsidiary (TRANSPOWER) on the NGX on 04 March. […]
