July 3, 2020/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI lost 0.16% to close at 24,336.12pts. Similarly, the market closed down 1.99%WTD. In today’s trade, market breadth index was negative with 27 losers against 9 gainers. UACN (-10.00%) led the loser’s chart while IKEJAHOTEL (+9.68%) was the top gainer. GUARANTY (+0.48%) was the most actively traded stock with about 29million units of shares worth about N607million. Sector Performances […]
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MIDDAY UPDATE: Nigerian Stocks Inch Down -0.02%, Dragged by Consumer Goods Sector
July 3, 2020/InvestmentOne Update ASI as at 12.00pm: -0.02%. Market movers: NEIMETH (-7.98%), NB (-5.82%), ROYALEX (+8.33%) and UNITYBNK (+4.00%). Sector Performances: Consumer Goods (-1.04%), Banking (+0.92%), Industrial and Oil & Gas. Market activity: In today’s early trade, total volume and value declined by 71% and 74% respectively, compared to this time yesterday as investors have traded about 16million units of shares worth about N185million. ZENITHBANK (-2.70%) is the most actively traded […]
Equity Market to Sustain Pullback in July; FSDH Top Stock Picks
Culled—Proshare July 2, 2020 by FSDH Research After a record-breaking month in March, which saw the equity market rally significantly as the All Share Index (ASI) gained 9.8%, June has been relatively soft in market movements but with a bearish bias. Month to date, the ASI is down 1.7%. The […]
