Investors Bite

Intraday Update: NSEASI Heads North on Gains in Banking, Consumer Goods Counters

November 21, 2017/InvestmentOne Report ASI as at 12.00pm: +0.17%  Market movers: PZ (+10.13%), CHAMPION (+9.09%), LIVESTOCK (-3.41%), NAHCO (-3.70%)  Sector Performances: Consumer Goods (+0.52%), Insurance (+0.05%), Banking (+0.03%), Oil & Gas and Industrial.  Market activity: Investors have exchanged c.159m units of shares worth N1.91bn so far today, a significant improvement […]

Bond Market opens firmly Bullish as the FGN Launches its $3bn Eurobond Offer to Investors

Culled—Proshare November 20, 2017/@ZedcrestCapital   KEY INDICATORS ***Q3 2017 GDP grew by 1.40% Y/Y from 0.72% in Q2*** Inflation 15.91% Declined by 0.07% in October from 15.98% in September 2017 MPR 14.00% Left unchanged at 14.00% at the MPC meeting of September 2017 External Reserves $34.35billion Accreted by 2.04% as at […]

Nigerian Stocks Opens Week Positive, Driven by Gains in Banking, Consumer Goods Counters

November 20, 2017/InvestmentOne Research The NSE-ASI began the week on a positive note, gaining +0.24% to close today’s trading section at 36,792.60pts.  Market breadth index closed positive as 17 stocks gained against 15 stocks that declined.   The best performing stock was PZ (10.23%) while FO (-9.73%) was the top […]