Investors Bite

Intraday Update: Stocks Down -0.72% on Profit-Taking in Industrial, Oil & Gas Counters

January 30, 2018/InvestmentOne Report ASI as at 12.00pm: -0.72%  Market movers: ROYALEX (-8.33%), CUTIX (-5.00%), HONYFLOUR (+10.00%), SKYEBANK (+10.00%).  Sector Performances: Industrial (-1.20%), Oil & Gas (-0.53%) Banking (+0.38%), Consumer Goods (+0.01%).    Market activity: In today’s early trade, total volume and total value increased by c.+147% and c. +111% […]

Nigerian Equity Market Flash Note – Update on Coverage Companies

Culled—-Proshare January 29, 2018/Vetiva Research  Consolidating on mostly better-than-expected performances from 9M’17, we are optimistic of more positive earnings for the FY’17 period, supported by stable macroeconomic conditions in the final quarter of the year and the usual festive demand boost. Given the improvement in Nigeria’s risk environment and downward […]

NSE Opens Week in Green, as Market Cap Stands at N15.88trillion

January 29, 2018/InvestmentOne Research Please click to download the Market Report for Monday 29th January 2018 EQUITIES: ·         The Nigeria equities market closed the first trading day of the week in the green, following the gains in  DANGCEM (+390pts), FBNH (+38pts), UBN (+29pts), STANBIC (+28pts) and FIDELITY (+28pts) which more than outweighed […]