May 12, 2020/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI lost 1.06% to close at 23,695.90pts.  In today’s trade, market breadth index was slightly negative with 14 gainers against 15 losers. CAVERTON (-10.00%) was the top loser while NEIMETH (+10.00%) led the gainer’s chart. FBNH (+1.06%) was the most actively traded stock with about 28million units of shares worth about N134million. Sector Performance ·         NSE Industrial Index: Fell by 1.84%, due to the […]

May 11, 2020/Coronation Research It is the role of equity markets everywhere to predict company earnings and future economic conditions. Generally, equity markets rally far ahead of the end of recessions. The current rally in the Nigerian Stock Exchange All-Share Index, which is up 16.3% since 6 April, is therefore […]

May 11, 2020/Cordros Report EQUITIES The Nigerian equities market started the week’s trading on a negative note, as profit-taking witnessed in GUARANTY (-4.3%) and ZENITHBANK (-2.3%) caused a 0.4% decrease in the All-Share Index. Thus, the NSE ASI settled at 23,950.83 points. Accordingly, Month-to-Date gain decreased to 4.0%, as Year-to-Date […]