April 8, 2024/Cordros Report EQUITIES Trading in the domestic equities market kicked off the week on a negative note as profit-taking activities witnessed in GTCO (-4.2%) caused a 0.4% decline in the benchmark index. Thus, the All-Share Index closed at 103,047.23 points. Accordingly, the Month-to-Date and Year-to-Date returns settled […]
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NGXASI Dips -0.38% Dragged by Banking Counters
April 8, 2024/InvestmentOne Report The NGXASI declined by 0.38% today to close at 103,047.07pts, as the selloffs observed in UBA (-5.09%), FBNH (-4.75%) and GTCO (-4.17%) drove the market into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a bullish note today, as we observed […]
Zenith Bank Plc 2023FY: Balanced Growth Across Income Lines Support Strong Performance
April 8, 2024/Cordros Report Zenith Bank Plc (ZENITHBANK) released its 2023FY results this evening, which showed that the bank maintained its strong performance throughout the year to record a stellar financial performance. The bank recorded a 125.4% y/y growth in gross earnings, while profit-after-tax settled 202.3% higher y/y. The performance […]
