January 15, 2024/United Capital Global Markets: Renewed Investors’ Sentiments Drove the Market Last week, the global equities market closed the week on a positive note, following a mix of earnings reports, better-than-expected data releases and declining rates in the Treasury market. In the US, the Consumer Price Index (CPI) report […]
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Intraday Update: Nigerian Stocks Gain +0.45% Buoyed by Bellwether Counters
January 15, 2024/InvestmentOne Update ASI as at 12.00pm: +0.45% Top Gainers and Losers: WAPCO (+10.00%), CHAMS (+10.00%) and VITAFOAM (-9.79%), CHAMPION (-8.61%). Sector Performances: Consumer Goods (+0.12%), Banking (+0.10%), Industrial and Oil & Gas. Market activity: In today’s trade, total volume and value advanced by 40% and 13% respectively when compared […]
Nigerian Equities Extend Bullish Run Second Consecutive Week by +4.2% Gain
The Nigerian equities market extended its bullish run for a second week as investors continued to cherry-pick stocks ahead of 2023FY earnings releases. Notably, increased investors’ interest in BUAFOODS (+15.5%), DANGCEM (+7.7%), TRANSCORP (+17.9%) and GTCO (+8.9%), resulted in a 4.2% w/w gain in the All-Share Index and elevated the […]
