Investors Bite

United Capital Weekly Pan African Monitor Friday 15-Dec-2023

December 15, 2023/United Capital Anglophone West Africa (WAEMU) Nigeria Moody’s changes Nigeria’s outlook to positive, affirms Caa1 Ratings Moody’s Investors Service has changed the government of Nigeria’s outlook to positive from stable and affirmed its Caa1 long-term foreign currency and local currency issuer ratings, and foreign currency senior unsecured debt […]

Intraday Update: NGXASI Gains +0.14% Driven by Blue Chip Stocks

December 15, 2023/InvestmentOne Update ASI as at 12.00pm: +0.14% Top Gainers and Losers: JOHNHOLT (+9.85%), UPDCREIT (+9.64%), TIP (-9.32%) and CHAMS (-4.76%). Sector Performances: Oil & Gas (+0.94%), Consumer Goods (+0.28%), Banking (-0.49%) and Industrial. Market activity: In today’s trade, total volume and value declined by 30% and 7% respectively when […]

NGXASI Gain Fourth Straight Session +0.2%, Driven by Banking Counters

December 14, 2023/Cordros Report EQUITIES   Positive sentiments dominated the domestic equities market for the fourth consecutive day as buying interests in ACCESSCORP (+3.4%), ZENITHBANK (+1.9%) and UBA (+2.5%) pushed the NGX ASI higher by 0.2% to 72,455.83 points. Accordingly, the MTD and YTD returns printed +1.5% and +41.4%, respectively. […]