March 21, 2018/Cordros Update EQUITIES Investors in the equities market were downbeat, with the ASI declining by 0.46% to 41,495.43 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to -4.24% and 8.50% respectively. The Industrial Goods (-2.50%) index posted the largest loss, followed by the Insurance (-0.72%) and Consumer Goods […]
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Bears Sustain Hold on Nigerian Equities Market, as NSEASI Shed -0.46% on Sell-Offs in Industrial, Consumer Goods Sectors
March 21, 2018/InvestmentOne Research Bearish sentiments continued to prevail in the Nigerian equities market as the ASI shed 0.46% in today’s trading session. Similarly, market breadth index ended negative with 19 advancers against 35 stocks that declined. FIDELITYBK (+7.76%) was the best performing stock today while CADBURY (-9.64%) topped the […]
Intraday Update: Nigerian Equities Market down -0.08% on Sell-Ofss in Banking Counters
ASI as at 12.00pm: -0.08%. Market movers: CADBURY (-9.64%), ETI (-4.77%), DANGFLOUR (+5.00%), GUINNESS (+4.79%). Sector Performances: Banking (-0.44%), Consumer Goods (+0.44%), Industrial, Oil & Gas. Market activity: In today’s early trade, total volume and value increased by c. 128% and c.23% respectively compared to this time yesterday, as investors […]
