October 28, 2024/InvestmentOne Report Remarkable Revenue Growth: In its recently released 9M:2024 unaudited financial report, Dangote Cement Plc posted a 69.06% revenue growth to NGN2.56trn, up from NGN1.51trn in the corresponding period of the previous year. This was mostly driven by price increases with a mix of volume expansion. Group […]
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NGXASI Dips -0.74% on Losses in BUACEMENT, FBNH, UBA
October 28, 2024/InvestmentOne Report The NGXASI declined today by 0.74% to close at 98,708.90pts as investors reduced their stakes in BUACEMENT (-10.00%), FBNH (-6.09%) and UBA (-3.99%) which drove the Nigerian equities market into the negative terrain. In the fixed income space, the Treasury Bills secondary market traded on a positive note, driven […]
Nigerian Stocks Open Week Bearish -0.7%, Dragged by Blue Chips
October 28, 2024/Cordros Report EQUITIES The local bourse paused its five-day bullish run as losses in BUACEMENT (-10.0%) and FBNH (-6.1%) offset the gain in TRANSCORP (+10.0%) which resumed trading today following the conclusion of their share reconstruction exercise. Thus, the All-Share Index declined by 0.7% to 98,708.90 points, with […]
