January 11, 2024/investmentOne Update ASI as at 12.00pm: +0.75% Top Gainers and Losers: CILEASING (+9.95%), ETERNA (+9.66%) and UPDC (-10.00%), UPDCREIT (-10.00%). Sector Performances: Banking (+2.14%), Oil & Gas (+0.37%), Industrial (+0.03%) and Consumer Goods (-0.16%). Market activity: In today’s trade, total volume and value moderated by 59% and 63% respectively […]
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EBRD Marks Another Year of Record Impact with €13.1 Billion Invested
Image Credit: EBRD January 11, 2024/EBRD By Dilara Sarı EBRD Annual Bank Investment of €13.1 billion exceeded 2022’s record Milestones include a capital increase, and more than €2 billion deployed for Ukraine Green financing and mobilisation reached record levels, exceeding targets The European Bank for Reconstruction and Development (EBRD) delivered […]
Nigerian Stocks Pause Gaining Streak, Index Dips -1.4% Dragged By MTNN
January 10, 2024/Cordros Report EQUITIES The local stock market paused its winning streak in today’s trading session as profit-taking activities in MTNN (-4.4%) and tier-1 banking names undermined market performance. Thus, the All-Share index closed lower by 1.4% to 82,024.38 points. Consequently, the Year-to-Date return moderated to +9.7%. […]
