April 12, 2018/InvestmentOne Report The Nigerian equities market closed on a bearish note as NSE-ASI lost 0.09% today. Similarly, market breadth index ended negative with 20 stocks gaining against 23 stocks that declined. OANDO (+10.00%) was the top gainer today while COURTVILLE (-9.09%) had the worst performance. UBA (-0.91%) was […]
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Intraday Update: NSEASI Down -0.02% on Sell-Offs Across Sectors
April 12, 2018/InvestmentOne Update ASI as at 12.00pm: -0.02%. Market movers: JAPAULOIL (-7.02%), CUSTODIAN (-6.40%), OANDO (+10.18%), WEMABANK (+9.09%). Sector Performances: Oil & Gas (-0.32%), Banking (-0.22%), Consumer Goods (-0.02%), Industrial (+0.32%). Market activity: In today’s early trade, total volume and value declined by 69% and 62% respectively compared to […]
Another Large Injection of Portfolio Monies
Culled—Proshare April 12, 2018/FBNQuest Research We said yesterday that we were comfortable with a current-account surplus/GDP ratio in the low single digits because of the ability of the FGN to tap the Eurobond market and of Nigeria to attract offshore portfolio monies. Our second point is highlighted by the financial […]
