Culled—Proshare December 29, 2017/ARM Research Following our last note Seplat Plc – Revision to Forecast published on Nov 7th, Seplat has returned 20.5% with YTD return of 57%. Much of the early gains was underpinned by the lifting of force majeure on the Trans-Forcados Pipeline (TFP) which drove a marked […]
Investors Bite
Intraday Update: NSEASI up 0.15% on Buy Interest in Banking, Consumer Goods Counters
December 29, 2017/InvestmentOne Research ASI as at 12.00pm: +0.15% Market movers: UAC-PROP (+4.87%), MEDVIEWAIR (+4.74%), FLOURMILL (-4.80%), CAVERTON (-4.40%). Sector Performances: Banking (+0.36%), Consumer Goods (+0.19%), Industrial (-0.01%), Oil & Gas. Market activity: In today’ early trade, total volume and value rose by +75% and +392% as investors have exchanged […]
Bond yields rise above 14% with slight profit taking on the 20-yr
Culled—Proshare 28/12/2017/@ZedcrestCapital *** FG Raises N7bn from Savings Bond in 10 Months***- DMO Bonds The bond market remained slightly bearish today due to lack of demand for bonds as most traders were looking to stay square on their positions. Average bond yields consequently rose by 13bps to 14.07%, with […]
