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 […]
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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 […]
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 […]
