October 11, 2023/InvestmentOne Update ASI as at 12.00pm: +0.18% Top Gainers and Losers: THOMASWY (+9.81%), DAARCOMM (+9.52%), OMATEK (-8.33%) and AFRIPRUD (-7.80%). Sector Performances: Industrial (+0.99%), Consumer Goods (+0.19%), Banking (-0.44%) and Oil and Gas. Market activity: In today’s trade, total volume and value increased by 175% and 1% respectively, compared […]
Investors Bite
United Capital Research Investment Views This Week 9th October 2023 to 13th October 2023
October 9, 2023/United Capital Report Global Markets: Bearish Investors’ Sentiments Dominate the Market Last week, the US equities market closed mixed as Treasury yields continued their upward trajectory. The 10-yr note yield jumped another 20 basis points last week to 4.78%, and the 2-yr note yield rose two basis points […]
Nigerian Bourse Open Week Bullish +1.0% Buoyed by BUACEMENT
October 9, 2023/Cordros Report EQUITIES The local bourse opened the week positively as investors’ interest in BUACEMENT (+10.0%) prompted a 1.0% gain in the All-Share index to 67,101.33 points. Accordingly, the Month-to-Date and Year-to-Date returns advanced to +1.1% and +30.9%, respectively. The total volume traded decreased by 28.2% […]
