November 18, 2019/InvestmentOne Update ASI as at 12.00pm: -0.35%. Market movers: UACN (-6.82%) OKOMUOIL (-5.57%), NEIMETH (+10.00%) and IKEJAHOTEL (+9.47%). Sector Performances: Banking (-1.07%), Consumer Goods (-0.06%) Industrial (+0.03%) and Oil & Gas. Market activity: In today’s early trade, total volume and value fell by 65% and 80% respectively […]
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Pension Administrators Stash Funds in FGN Bonds, Slow Down on Equities in Q3 2019
November 15, 2019/Cowry Asset The National Pension Commission (NPC) recently released its report on pension fund assets for the third quarter of 2019 showing that the total value of pension assets rose quarter on quarter (q-o-q) by 2.76% to N9.58 trillion in September 2019 from N9.33 trillion in June 2019. […]
Nigerian Stocks Surge, Records +2.04% Week-on-Week Gains
November 15, 2019/InvestmentOne Report The Nigerian equities market closed somewhat flat today as NSE-ASI rose marginally by 0.03% to close at 26,851.68pts. Similarly, the market gained 2.04% WTD. Market breadth index was positive with 22 gainers against 11 losers. GUINNESS (+10.00%) was the top gainer while LEARNAFRCA (-9.40%) led the loser’s […]
