Browsing: UBA
UBA, FBN Holdings Plc are among the banking names drove momentum on the Nigerian Exchange (NGX) along with Oando and Transcorp Plc.
Buying interest in Oando Energy PLC, Transcorp PLC, Access Holdings, GTCO and UBA has boosted equities market performance during the intraday trading session
Pan-African lender, United Bank for Africa (UBA) Plc saw a rapt of buying interest in the last seven trading sessions, which shifted its market value higher
Investors saw N95 billion gain as equities market rebounded midweek after two consecutive negative performance in the week. Due to buying interest on some banking, and oil and gas name, the market recalibrated from downward trend, thus push the year to date return upward.
UBA: There is no gainsaying that having a vision and purpose, gives direction to ones hustle as well as gives flight to dreams. To put in perspective, it helps you focus on what you want to achieve and the steps you need to take, to get you there.
Selloffs in MTN Nigeria, FBN Holdings and some other stocks dragged the Nigerian Exchange market capitalisation down
In the equities market, investors that were trading highs and lows on the Nigerian Exchange (NGX) gained more than N114 billion on Thursday due to bargain hunting in banking, amd industrial names, among others.
Pan African lender, the United Bank for Africa Plc (UBA) represents 11% of domestic banking assets at the end of financial year 2023, according to details
Equities investors are currently taking position on some banking names on the Nigerian Exchange (NGX) amidst fresh rallies that started this week.
Reversing the previous downturn, shares of Nigerian big banks are currently trading higher. The market had priced these stocks lower amidst weak sentiment in the local bourse last week, causing investors to lose N290.1 billion over five trading sessions.
