September 16, 2019/InvestmentOne Report Please click to download the Market Report for Monday 16th September 2019 EQUITY: · The Nigerian equities market closed negative today as NSE-ASI lost 0.74% to close at 27,574.32pts. · However, market breadth index was positive with 25 gainers against 13 losers. · Today’s performance was mainly due […]
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The Bears Take Center Stage As Average T-Bills Yield Advances 8bps WoW To 13.4%
Culled—Proshare September 16, 2019/Afrinvest Research Last week, the Treasury Bills (“T-Bills“) secondary market closed on bearish note as investors sold off to take position in the Primary Market and OMO auctions. Consequently, average yield across all tenors advanced 8 bps W-o-W to settle at 13.4%. Sell pressures were witnessed on […]
MIDDAY UPDATE: Nigerian Stocks Appreciates +0.49% on Gains Across Sectors
September 16, 2019/InvestmentOne Update ASI as at 12.00pm: +0.49%. Market movers: NEM (+9.55%), FIDELITYBK (+5.88%), CHAMPION (-3.85%), NASCON (-1.57%). Sector Performances: Banking (+2.08%), Industrial (+0.45%), Consumer Goods (+0.14%) and Oil & Gas. Market activity: In today’s early trade, total volume and value jumped 123% and 167% respectively compared to this […]
