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Nigerian Bourse Extend Bullish Run +0.4%, Driven by Banking, Oil & Gas Stocks

December 18, 2024/Cordros Report EQUITIES The domestic bourse extended its bullish momentum as gains in ARADEL (+5.4%), OANDO (+2.9%), and ZENITHBANK (+1.6%) drove the All-Share Index higher by 0.4% to 100,477.46 points. Sequentially, the Month-to-Date and Year-to-Date returns settled higher at +3.1% and +34.4%, respectively. The total volume of trades […]

NGXASI Advance +0.43% on Gains in Banking, Oil & Gas Counters

December 18, 2024/InvestmentOne Report The NGXASI advanced by 0.43% today to close at 100,477.46pts, as positive sentiments observed in ETI (+3.70%), OANDO (+2.92%) and ZENITHBANK (+1.59%) drove the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market closed on a negative note today, largely due to […]

SEC Charges Ken Peterman, Former Comtech CEO, with Insider Trading in Advance of Negative Earnings Announcement

December 18, 2024/US SEC The Securities and Exchange Commission today announced insider trading charges against Ken Peterman, the former CEO, president, and Chair of the Board of Comtech Telecommunications Corp., in connection with his sale of Comtech shares on the basis of material non-public information about Comtech’s forthcoming negative quarterly […]