January 6, 2017/InvestmentOne Research Though the ASI recorded a marginal gain of +0.15% to berth at 26,251.39pts at close of trades today, it declined by -2.32% w/w. Today’s positive close was largely due to buying interests in Banking names such as the likes of ZENITHBANK (+24.68pts), ACCESS (+11.79pts)and UBA (+7.39pts) […]
Capital Market
FG Initiates Investor Match-Making Platform to Drive FDI, Commends Saraki’s effort on #MadeinNIGERIA
Culled—Proshare The Federal Government has mulled the establishment of a match-making database to aid international business interconnectivity and stress-free investments into the country. According to the Foreign Affairs Minister, Geoffrey Onyeama, the 119 Nigeria missions abroad would serve as one-stop shops to spur investments through information sharing and elimination of […]
Nigerian Equities Open Year Negative, as Investors Maintain Bearish Sentiment
January 3, 2017/InvestmentOne Research Nigerian equities opened the year on a negative note, as investors maintained a bearish sentiment on stocks. Consequently, the NSE-ASI weakened by -0.96% (-257.73pts) to berth at 26,616.89pts with corresponding market capitalisation of c.N9.16trillion. Sell pressure on NB (-138.28pts), GUARANTY (-59.98pts) and ZENITHBANK (-31.99pts), which cancelled […]
