Investors Bite

Nigerian Stocks Close 0.20% Down, On Sell-Offs in Dangote Cement, Nigerian Breweries

January 3, 2018/InvestmentOne Research The NSE-ASI closed negative today, losing -0.20%.  However, Market breadth index ended positive as 37 stocks gained against 11 stocks that declined.  DIAMONDBNK (+9.55%) was the market’s best performer while MOBIL (-9.15%) topped the laggards’ chart.  SKYEBANK (+1.92%) was the most actively traded stock with c.190million […]

Intraday Update: NSEASI up +0.74% on Second Trading Session of 2018, Driven by Interest in Banking, Consumer Goods Stocks

January 3, 2018/InvestmentOne Research ASI as at 12.00pm: +0.74%  Market movers: DIAMONDBNK (+9.55%), FCMB (+9.49%), NEIMETH (-8.00%), CUTIX (-4.98%).  Sector Performances: Banking (+1.90%), Consumer Goods (+0.69%), Industrial (-0.01%), Oil & Gas.  Market activity: In today’s early trade, total volume and value improved by +155% and +142% respectively compared to this […]

CBN to Sell N149bn Treasury bills in its first PMA for the year

Culled—Proshare 2/1/2018/@ZedcrestCapital  *** Oil posts strongest year opening since 2014 amid Iran unrest*** Bonds The bond market opened the year on a very quiet note, with some sell witnessed on the 2021 bond due to the relatively higher valuation of the bond. We consequently witnessed a slight uptick in yields […]