February 20, 2018/InvestmentOne Report The Nigerian equities market closed positive today as ASI gained +0.38%. However, market breadth index ended negative with 37 decliners against 18 gainers. PZ (+5.00%) was the top gainer while CONOIL (-9.67%) had the worst performance. The most actively traded stock was FBNH (-7.26%) with c.115million […]
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Return to the Eurobond Market in Good Time
Culled—Proshare February 20, 2018/FBNQuest Research The FGN has returned to the Eurobond market for the second time since February 2017, and attracted what the DMO terms a “peak order book” of more than US$11.5bn. In another successful issue, it has priced its offering of US$2.5bn, divided equally between 12- and […]
Intraday Update: NSEASI Sheds -0.75% on Sell-Offs Across Sectors
February 20, 2018/InvestmentOne Report ASI as at 12.00pm: -0.75%. Market movers: UNITYBNK (-9.20%), STERLNBANK (-9.05%), AIICO (+8.96%), HMARKINS (+7.41%). Sector Performances: Banking (-1.06%), Consumer Goods (-0.38%), Industrial (-0.25%), Oil & Gas. Market activity: In today’s early trade, total volume and total value increased by c. +60% and c. +188% respectively […]
