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NGXASI Trends Lower to 98,000 Points on Bellwether Losses

May 10, 2024/InvestmentOne Report The NGXASI trended lower today to close at 98,233.76 pts, as the losses printed in PZ (-9.90%), FLOURMILL (-4.87%) and TRANSCORP (-0.59%) pushed the market into the red zone.   In the fixed income space, the Treasury Bills secondary market reversed its course today as the pressure […]

Bellwether Counters Drag Nigerian Stocks to -1.4% Weekly Loss

May 10, 2024/Cordros Report The Nigerian equities market could not consolidate the prior week’s gains following pressure from profit-taking activities during the week. Global Economy In line with market expectations, the Monetary Policy Committee (MPC) of the Bank of England (BoE) voted by a majority of 7- 2 to maintain […]

Equities End Week Red as NGXASI Down by 2 bps; Investors Loss N8.34Bn

—-NGXASI stands at +31.37% (YTD); Naira depreciated by 0.34% to close at N1, 466.31 May 10, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: The local bourse ended the week on a negative note as bears resurface on the last session causing the NGXASI to decline slightly […]