September 30, 2024/InvestmentOne Report According to the H1’2024 financial report released by United Bank for Africa (UBA); the bank recorded a modest performance across major income lines amidst the headwinds in the local economy. In specifics, interest income rose by 134.32% YoY to NGN1.00trn, mirroring the prevailing high yield environment […]
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UBA, OANDO Drives Nigerian Stocks to Open Week Bullish +0.1%
September 30, 2024/Cordros Report EQUITIES The domestic bourse kicked off the week’s trading with bullish sentiments as the gains in OANDO (+9.8%) and UBA (+9.9%) outweighed the loss in BUACEMENT (-3.4%). As a result, the All-Share Index closed 0.1% higher to 98,558.79 points, with the Month-to-Date and Year-to-Date returns printing +2.1% […]
Intraday Update: Nigerian Stocks Gain +0.25%, Buoyed by Bellwether Counters
September 30, 2024/InvestmentOne Update ASI as at 12.00pm: +0.25% Top Gainers and Losers: NSLTECH (+10.00%), RTBRISCOE (+9.97%), ELLAHLAKES (-9.96%) and CAVERTON (-9.70%). Sector Performances: Banking (+1.36%), Consumer Goods (-0.03%), Industrial (-0.01%) and Oil & Gas. Market activity: In today’s trade, total volume and value surged by 1609% and 4801%, when […]
