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 […]
Investors Bite
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 […]
United Capital Weekly Pan African Monitor Friday 12-Jan-2024
January 12, 2024/United Capital Anglophone West Africa Nigeria Nigeria Central Bank sacks boards of three lenders for regulatory failures Nigeria’s central bank has sacked the boards and management of three lenders for non-compliance with banking regulations and corporate governance failures, it said on Wednesday Read More Nigeria losing over $100bln […]
