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Nigerian Bourse Back to Bullish Zone, Index Gains +0.7% Driven by FBNH

January 11, 2024/Cordros Report0.7% EQUITIES The domestic bourse resumed its upward trend after yesterday’s bearish performance, driven by renewed interest in FBNH (+6.8%). Thus, the All-Share Index advanced by 0.7% to 82,597.04 points, pushing the Year-to-Date return to +10.5%. The total volume traded declined by 46.6% to 877.28 million units, […]

Intraday Update: Nigerian Stocks Gain +0.75% Buoyed by Blue Chips

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 […]

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 […]