June 3, 2024/FBNQuest Research The total provisional value of merchandise trade fell slightly by -1.0% Q-o-Q and -9% Y-o-Y to US$25.1bn in Q4 2023 according to the Central Bank of Nigeria’s (CBN) latest quarterly statistical bulletin. This decline was primarily due to reduced import trade, which decreased by 5% Q-o-Q […]
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Bears Resurface as NGXASI Down by 18 bps, Investors Loss N102.55Bn
–NGXASI stands at +32.56% (YTD); Naira appreciated by 0.66% to close at N1,476.12 June 3, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: The domestic bourse experienced a reversal last week’s bullish momentum to start the new week, as the day’s trading opened in the negative zone. […]
NGXASI Dips -0.13% Dragged by Bellwether Counters
June 3, 2024/InvestmentOne Report The NGXASI declined by 0.13% today to close at 99,173.87pts, as the sell-interests observed in ETRANZACT (-9.82%), UNITYBNK (-9.80%) and JAIZBANK (-9.65%) drove the local bourse into the negative territory. In the fixed income space, the Treasury Bills secondary market was bullish at today’s close, as yields decreased […]
