August 19, 2019/InvestmentOne Report Please click to download the Market Report for Monday 19th August 2019 EQUITY: The Nigerian equities market closed positive today as NSE-ASI gained 0.71% to close at 27,115.89.pts. Similarly, market breadth index was positive with 20 gainers against 13 losers. Today’s performance was mainly due to the gains […]
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Nigerian Stocks Extends Bearish Run, as Index Shed -1.4% Week-on-Week to Below 27,000Pts
August 16, 2019/Cordros Report Global economy According to the U.S National Bureau of Statistics CPI report, inflation for July, in line with the consensus estimate, widened by 2 bps to 1.8% y/y. The renewed uptick in inflation was spurred by a marginal increase in food inflation to 1.8% y/y […]
MIDDAY UPDATE: Nigerian Stocks Down -0.61% on Plunge in the Consumer Goods Sector
August 16, 2019/InvestmentOne Update ASI as at 12.00pm: -0.61%. Market movers: NESTLE (-10.00%), NASCON (-10.00%), OANDO (+8.33%), CUSTODIAN (+7.14%). Sector Performances: Consumer Goods (-4.92%), Oil & Gas (+0.98%), Banking (+0.64%) and Industrial. Market activity: In today’s early trade, total volume and value fell by 8% and 54% respectively compared to […]
