October 3, 2024/InvestmentOne Report The NGXASI declined today by 1.19% to close at 97,064.42pts as the sell pressure on DANGCEM (-10.00%), FBNH (-4.26%) and DANGSUGAR (-4.41%) propelled the local bourse into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a negative note due to the […]
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Bears Sustain Hold as Nigerian Bourse Dips -1.2%, Dragged by Dangote Cement
October 3, 2024/Cordros Report EQUITIES Bearish sentiments persisted in the domestic stock market, as sell pressures in DANGCEM (-10.0%) drove the All-Share Index lower by 1.2% to 97,064.42 points. Consequently, the Month-to-Date and Year-to-Date returns printed -1.5% and +29.8%, respectively. The total volume of trades declined by 36.1% to 268.39 million […]
World Bank Expresses Concern Over Persistent Global Food Security Threat
October 3, 2024/FBNQuest Research The World Bank recently released the latest edition of the Food Security report. The report provides recent developments in the global agriculture market and the market outlook for agricultural commodities. Referencing the 2024 mid-year update of Global Food Crises, the Bank noted a worrisome pattern of […]
