Investors Bite

Nigerian Stocks End Last Trading Day in 2017 Positive, Gains 0.66% as Y-t-D up 42.30%

December 29, 2017/InvestmentOne Research The NSE-ASI closed today’s trading session in the green, gaining +0.66%, bringing WTD and YTD performance to -0.72% and +42.30% respectively.  Market breadth index ended positive as 21 stocks gained against 19 stocks that declined.  SEPLAT (+5.00%) was the market best performer while ETERNA (-9.58%) topped […]

Seplat Plc – Will the Bulls Crossover?

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 […]

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 […]