Investors Bite

The return of the equity market

October 13, 2020/Coronation Report During the two weeks to 9 October, the Nigerian Stock Exchange All-Share Index (NSE-ASI) rose by 7.96%, bringing its year-to-date return to 5.86%. To what can we attribute the popularity of equities during a recession? The answer, we believe, was the cut in the monetary policy […]

PepsiCo Provides Update on US$1 Billion Green Bond

$447 million allocated to support company’s vision to build a more sustainable food system October 13, 2020/PepsiCo PRNewswire/ — PepsiCo, Inc. (NASDAQ:PEP) today released its 2020 Green Bond Report which provides an update on the allocation of the use of net proceeds from its first ever Green Bond, issued in October […]

MIDDAY UPDATE: Nigerian Stocks Inch Down -0.10% on Negative Sentiment

October 13, 2020/InvestmentOne Report ASI as at 12.00pm: -0.10%. Market movers:  ROYALEX (-7.41%), PORTPAINT (-6.98%), ETERNA (+9.77%) and REGALINS (+9.09%). Sector Performances:  Banking (-0.72%), Consumer Goods (-0.24%), Industrial (-0.04%) and Oil & Gas.                                  Market activity: In today’s early trade, total volume declined by 2%, compared to this time yesterday, as investors have traded about 378million units of shares worth […]