August 15, 2024/InvestmentOne Report The NGXASI declined by 0.15% today to close at 97,100.60pts as the selloffs observed on OANDO (-9.94%), DANGSUGAR (-3.52%) and ETI (-4.65%) propelled the market into the red zone. In the fixed income space, the Treasury Bills secondary market exhibited a positive performance amidst the buying pressure seen […]
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Inflation Report – July 2024
August 15, 2024/Coronation Research The NBS has released its July inflation report to show Headline rate: 33.4% y/y (34.2% in June) Core rate: 27.5% y/y (27.4%); and Food rate: 39.5% y/y (40.9%). July’s headline inflation eased by -80bps to […]
Nigerian Equities Market Sustain Bearish Run, Declines -0.2% on Losses in DANGSUGAR, OANDO
August 15, 2024/Cordros Report EQUITIES Activities in the Nigerian equities market sustained this week’s negative momentum as investors took profits off OANDO (-9.9%) and DANGSUGAR (-3.5%) stocks. As a result, the NGX ASI dipped by 0.2% to close at 97,100.36 points, with the MTD and YTD returns settling at […]
