April 8, 2021/InvestmentOne Update ASI as at 12.00pm: +0.18%. Market movers: JAPAULGOLD (+9.43%), WAPIC (+6.00%), ROYALEX (-7.69%) and REGALINS (-6.90%). Sector Performances: Banking (+1.64%), Industrial, Consumer Goods and Oil and Gas. Market activity: In today’s early trade, total volume and value declined 70% and 80% compared to this time yesterday, as investors have traded about 36million […]
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FBNQuest Mutual Funds Outperform 5-Year Benchmarks
April 7, 2021/Proshare by FBNQuest FBNQuest Asset Management, a subsidiary of FBN Holdings, recently held annual general meetings for five mutual funds managed by the firm. The funds are the FBN Balanced Fund, FBN Smart Beta Equity Fund, FBN Eurobond Fund, FBN Bond Fund and the FBN Money Market Fund. […]
Nigerian Bourse Eke Out Marginal Gain of +0.02%, Driven by MTNN, Nestle
April 7, 2021/Cordros Report EQUITIES The local bourse eked out a marginal gain (+2bps to close at 38,774.03 points) in today’s session, as late interest in MTNN (+1.1%) and NESTLE (+3.3%) stocks cancelled out the effects of the sell-offs on tier 1 banks, ZENITHBANK (-4.1%) and GUARANTY (-3.3%) stocks. Consequently, […]
