Particularly investors’ interest in FBNH (+32.7%), GTCO (+16.1%), UBA (+12.1%) and MTNN (+6.4%) drove the benchmark index higher by 1.5% w/w May 3, 2024/Cordros Report Global Economy In line with market expectations, the Federal Open Market Committee (FOMC), at the recently concluded May policy meeting, voted to keep the target […]
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GTCO Q1-24: Fair Value Gains Underpin Earnings Surge
May 3, 2024/Cordros Report Guaranty Trust Holding Company Plc (GTCO) released its Q1-24 unaudited financial statements this afternoon, reporting a whopping 696.1% y/y rise in EPS to NGN16.24 for the period under review (vs Q1-23: NGN2.04). The impressive growth in the Holdco’s earnings was driven primarily by the fair value […]
Bulls Hold Sway as NGXASI Up by 83 bps, Investors Gain N466.30Bn
—-NGXASI stands at +33.18% (YTD); Naira appreciated by 0.16% to close at N1,400.40 May 3, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: Bulls maintained dominance in the domestic stock exchange during today’s trading session, driving the market into positive territory as the NGX All-Share Index rose […]
