November 11, 2024/InvestmentOne Report The NGXASI advanced today by 0.14% to close at 97,374.25pts, as price appreciation in CUSTODIAN (+8.62%), FLOURMILL (+1.56%) and MANSARD (+5.93%) drove the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market was slightly positive as we observed buy pressure along […]
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Nigerian Bourse Open Week Bullish +0.1%, Buoyed by Bellwether Counters
November 11, 2024/Cordros Report EQUITIES The domestic bourse kicked off the week on a positive note as buying interest in ARADEL (+10.0%), CUSTODIAN (+8.6%) and FLOURMILL (+1.6%) drove the All-Share Index higher by 0.1% to 97,374.25 points. Thus, the month-to-date and Year-to-Date returns printed -0.3% and +30.2%, respectively. The total […]
IMF Growth Projection for Sub-Saharan Africa
November 11, 2024/CSL Research The International Monetary Fund (IMF), in its latest Regional Economic Outlook report, projects that Sub-Saharan Africa (SSA) will maintain a 3.6% growth rate in 2024, consistent with 2023 levels, with a modest increase to 4.2% expected in 2025. This forecast reflects SSA’s navigation through a complex […]
