February 7, 2024/InvestmentOne Update ASI as at 12.00pm: +0.02% Top Gainers and Losers: ELLAHLAKES (+9.97%), DEAPCAP (+8.96%), LINKASSURE (-9.57%) and HONYFLOUR (-9.05%). Sector Performances: Consumer Goods (+1.47%), Banking (-1.70%), Industrial and Oil & Gas. Market activity: In today’s trade, total volume and value decreased by 46% and 41% respectively, when compared […]
Investors Bite
NGXASI Declines -1.50%, Dragged by Bellwether Counters
February 6, 2024/InvestmentOne Report The NGXASI declined by 1.50% today to close at 102,108.05pts, as investors sell down in BUACEMENT (-10.00%), UBA (-5.70%) and ZENITHBANK (-3.10%) drove the market into the red zone. In the Fixed income space, the Treasury Bills secondary market closed bearish, largely driven by selloffs across all instruments, […]
A Successful Bond Auction for the DMO
February 6, 2024/Coronation Research The DMO held its monthly auction of FGN Bonds on Monday (29 January ’24). It offered N360bn but raised N418.2bn through re-openings of the 16.29% FGN MAR 2027, 14.55% FGN APR 2029, 14.70% FGN JUN 2033, 15.45% FGN JUN 2033, 15.45% FGN JUN 2038. The bids […]
