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NGXASI Advance +0.27% Buoyed by Blue Chips

April 30, 2024/InvestmentOne Report The NGXASI advanced by 0.27% today to close at 98,225.63pts, as the buy-interest observed in MTNN (+3.96%), FBNH (+6.94%) and ZENITHBANK (+2.56%) drove the equities market into the green zone. In the fixed income space, the Treasury Bills secondary market slightly fell today, as there were sell pressure […]

Nigerian Bourse Close Bullish -0.4%, Driven by FBNH, MTNN

April 30, 2024/Cordros Research EQUITIES The local bourse closed on a bullish note today driven by renewed interest in MTNN (+4.0%) and FBNH (+6.9%). Consequently, the NGX ASI advanced by 0.4% to 98,225.63 points. As a result, the MTD and YTD returns printed -6.1% and +31.4%, respectively. The total trading volume […]

Bua Foods Plc Q1’2024: Earnings Flash

April 30, 2024/Futureview Research Highlights of Bua Foods Plc Earnings Report: Bua Foods Plc’s Q1’2024 financial report, released on April 30, 2024, underscores a resilient performance amidst foreign exchange challenges. The company demonstrated robust revenue and profitability, with a noteworthy 147% surge in revenue, reaching N356.92 billion. Gross profit also […]