February 16, 2017/PwC 2016 marked a challenging year for African equity markets in the wake of lower economic growth and political upheaval around the globe, largely as a result of the US elections cycle and the Brexit vote. African equity capital markets (ECM) broke a streak of three successive years […]
Capital Market
Stocks Halt 2-Day Bearish Run, on Consumer Goods, Oil & Gas Counters Gains
February 15, 2017/InvestmentOne Research Following gains in Consumer and Oil & Gas trackers, Nigerian equities halted the bearish trend of the last two sessions, as the benchmark NSE-ASI gained +0.39% to berth at 25,130.26pts corresponding to a market capitalisation of c.N8.69trillion. Buying interests in NB (+108.04pts), DANGCEM (+49.12pts) and FO […]
Stocks Close Lower on Sustained Sell-Offs in Bellwether Consumer Names
Click here to download full report February 14, 2017/InvestmentOne Research Continued sell-off in bellwether consumer names drove the Nigerian bourse to a negative close, as the ASI shed -0.84% today to berth at 25,032.17pts. Similarly, the index market capitalisation also shrank by c.N74b to berth at c.N8.66trillion. Sell pressure on […]
