Updates

Intraday Update: NGXASI Gains +0.37% Driven by Blue Chips

December 21, 2023/InvestmentOne Update ASI as at 12.00pm: +0.37% Top Gainers and Losers: IMG (+10.00%), TRANSCORP (+10.00%), IKEJAHOTEL (-10.00%) and TRIPPLEG (-9.66%). Sector Performances: Banking (+1.00%), Consumer Goods (+0.14%), Industrial (+0.09%) and Oil & Gas. Market activity: In today’s trade, total volume increased by 28% while the total value decreased by […]

MTN, CardinalStone, VFD Group Recognised at NGX Made of Africa Awards

December 20, 2023/NGX MTN Nigeria Communications Plc, VFD Group Plc, CardinalStone Securities and Chapel Hill Denham were big winners at the just concluded Made of Africa Awards organized by Nigerian Exchange Limited (NGX).   The Chief Executive Officer of Nigerian Exchange Limited, Temi Popoola, noted at the event that the […]

FSB, IOSCO Publish Policies to Address Vulnerabilities from Liquidity Mismatch in Open-Ended Funds

December 20, 2023/IOSCO Revised FSB Recommendations and IOSCO Guidance on Anti-Dilution Liquidity Management Tools (LMTs) aim to achieve a significant strengthening of liquidity management by open-ended fund (OEF) managers compared to current practices. Measures aim to provide greater clarity on the redemption terms that OEFs could offer to investors, based […]