Investors Bite

Bulls Return as Bargain-Hunting in Dangote Cement Trigger +0.4% Gain

March 8, 2023/Cordros Report EQUITIES Bullish sentiments resurfaced in the domestic equities market as bargain hunting in DANGCEM (+1.8%) triggered a 0.4% increase in the benchmark index. As a result, the All-Share Index closed at 55,801.14 points, with the Year-to-Date gain increasing to +8.9%. The total volume traded declined by […]

Bulls Return as NGXASI Gain +0.35% Driven by Banking, Industrial Counters

March 8, 2023/InvestmentOne Report The local equites market jumped higher by 0.35% as the NGX-ASI settled at 55,801.14pts.  In today’s trade, market breadth index was neutral with 18 gainers against 18 losers.   TRANSEXPR (+9.88%) was the top gainer today, while MRS(-9.98%) led the losers.  COURTVILLE (+4.35%) was the most actively traded […]

AfDB issues AUD 50 million 15-year Kangaroo Green Bond due March 2038

The transaction is the Bank’s 2nd green bond issued in 2023 across all currencies March 8, 2023/AfDB The African Development Bank, rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable) has successfully launched an AUD 50 million 15-year Kangaroo Green Bond due March 2038. The new issuance was arranged by RBC Capital […]