December 31, 2024/Cordros Report EQUITIES The Nigerian equities market concluded the final trading session of the year on a bearish note, as sell pressures on MTNN (-3.8%) caused the All-Share Index to decline by 0.2% to 102,926.40 points. As a result, the Month-to-Date returns settled at 5.6%, while the Year-to-Date […]
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NGXASI Declines -0.22% on 2025 Eve, Dragged by Blue Chips
December 31, 2024/InvestmentOne Report The NGXASI declined by 0.22% today to close at 102,926.40pts as buy pressure on MTNN (-3.75%), DANGSUGAR (-4.55%) and ZENITHBANK (-0.98%) drove the Nigerian bourse into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a negative note, due to selloffs observed on […]
Coronation Fixed Income and Exchange Rate Update
December 31, 2024/Coronation Research Summary Opening market liquidity stood at N736.36bn (27 Dec ’24). Call, overnight and repo rates closed within a range of 7.00%- 27.11%, as rates in the money market narrowed. We expect interbank rates to stay at current levels, barring any significant outflows from CRR Debits. In […]
