October 18, 2023/Cordros Report EQUITIES The local bourse traded marginally higher in today’s session, following investors’ interest in ZENITHBANK (+1.2%), UBA (+1.6%) and GTCO (+0.7%). Accordingly, the NGX ASI notched a 4bps gain to close at 67,353.23 points. Thus, the Month-to-Date and Year-to-Date returns increased to +1.5% and +31.4%, […]
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Nigerian Equities Gain +0.04%, Driven by Banking, Oil & Gas Sectors
October 18, 2023/InvestmentOne Report Please click to download the Market Report for Wednesday 18th October, 2023 EQUITY: The Nigerian equities market closed slightly higher by 0.04% as the NGX-ASI settled at 67,353.23pts. In today’s trade, market breadth index was marginally positive with 19 gainers against 18 losers. Today’s performance was positive as […]
Egypt Issues Africa’s first Sustainable Panda Bond Worth 3.5 Billion RMB backed by AfDB, Asian Infrastructure Investment Bank
Egypt will use the bond proceeds for inclusive growth and green objectives under its Sovereign Sustainable Financing Framework October 18, 2023/AfDB Egypt has successfully issued a 3-year Sustainability Panda Bond worth RMB 3.5 billion ($478.7 million). The North African nation is the first on the continent to do so, a move […]
