December 30, 2024/CSL Research In 2024, the Nigerian Naira experienced significant depreciation against the US dollar, influenced by various economic reforms and market dynamics. The Central Bank of Nigeria’s decision to float the currency in June 2023 led to increased volatility. The Naira declined to as low as N1910/US$ in […]
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Equities Market Preview & Review
December 30, 2024/CSL Research The local equities market closed the holiday-shortened week in positive territory, as the All-Share Index (ASI) increased by 99bps week-on-week (w/w) to close at 102,133.30 points. This brought the Year-to-Date (YTD) return of the ASI to 36.59% with gains in two out of the three trading […]
Intraday Update: Nigerian Stocks Gain +1.07%, Buoyed by Blue Chips
December 30, 2024/InvestmentOne Update ASI as at 12.00pm: +1.07% Top Gainers and Losers: LIVINGTRUST (+9.92%), TANTALIZER (+9.88%), INTBREW (-9.91%) and NGXGROUP (-9.17%). Sector Performances: Consumer Goods (+0.57%), Banking (-0.06%), Oil & Gas (-0.05%) and Industrial. Market activity: In today’s trade, total volume and value increased by 6% and 1%, respectively […]
