March 14, 2018/InvestmentOne Update ASI as at 12.00pm: -0.47%. Market movers: LASACO (-9.52%), NPFMCRFBK (-9.19%), INTBREW (+7.89%), CILEASING (+5.00%). Sector Performances: Banking (-1.92%), Oil & Gas (-0.27%), Consumer Goods (+0.08%), Industrial. Market activity: In todays early trade, total volume and value fell by c.58% and c.61% respectively compared to this […]
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Bond yields crash by 15bps as DMO cuts Total Auction Size in Half
Culled—Proshare 13/3/2018/Zedcrest Capital *** Senate set to confirm CBN deputy governors ahead of MPC*** Bonds The Bond market witnessed a significant decline in yields in today’s session, as market players refreshed their offers significantly below their previous day levels on the back of the FGN bond offer circular released by […]
Bulls Resurfaces on Nigerian Bourse, as NSEASI Inch Up +0.04%
13/3/2018/Cordros Update EQUITIES The bulls resurfaced on the equities market, with the ASI inching higher by 0.04% to 43,073.42 points. The Month-to-Date loss dropped to 0.59%, while the Year-to-Date gain improved marginally to 12.63%. The Insurance (+1.34%), Oil & Gas (+0.86%), and Industrial Goods (+0.68%) indices closed in the green, […]
