January 5, 2018/InvestmentOne Research ASI as at 12.00pm: +1.05% Market movers: UNITYBNK (+9.84%), STERLNBANK (+9.30%), UPL (-4.84%), DANGSUGAR (-0.46%). Sector Performances: Banking (+2.43%), Consumer Goods (+0.54%), Industrial (+1.23%), Oil & Gas (+0.57%). Market activity: In today’s early trade, while total volume decline by –35% total value increased by +63% compared […]
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T-bill PMA rates crash by 91bps with significant over subscription on the 364-day
Culled—Proshare 3/1/2018/@ZedcrestCapital *** CBN Manufacturing PMI records ninth consecutive M/M expansion in December 2017*** *** Brent crude hits $67.50 as oil price continues upward ascent*** Bonds The bond market traded on a bullish note with slight buys by market players across the curve. Average bond yields consequently declined by 16bps […]
Equity Market Ready for Another Rally in 2018
Culled—Proshare 3/1/2018/FSDH Research The outlook of the equity market remains positive in 2018 as FSDH Research expects the recovery witnessed in 2017 to continue. The Nigerian Stock Exchange All-Share Index (NSE ASI) closed the year 2017 at 38,243.19 points, representing an appreciation of 42.3%. This is the first year-on-year(y-o-y) appreciation […]
