August 19, 2024/InvestmentOne Report The NGXASI declined today by 1.36% to close at 95,781.68pts as losses in DANGCEM (-10.00%), DANGSUGAR (-5.29%) and NB (-3.45%) offset the gains in BUACEMENT (+3.73%), TRANSCOHOT (+6.25%) and OANDO (+9.90%). In the fixed income space, the Treasury Bills secondary market closed up as we observed buy pressure […]
More News
SEC Charges Carl Icahn and Icahn Enterprises L.P. for Failing to Disclose Pledges of Company’s Securities as Collateral for Billions in Personal Loans
August 19, 2024/US SEC The Securities and Exchange Commission today announced charges against Carl C. Icahn and his publicly traded company, Icahn Enterprises L.P. (IEP), for failing to disclose information relating to Icahn’s pledges of IEP securities as collateral to secure personal margin loans worth billions of dollars under agreements […]
Nigerian Stocks Start Week Bearish -1.4%, Dragged by Dangote CEMENT
August 19, 2024/Cordros Report EQUITIES Trading in the domestic equities market kicked off the week on a bearish note, following profit-taking activities in DANGCEM (-10.0%). As a result, the All-Share Index dipped by 1.4% to close at 95,779.79 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to -2.0% and […]
