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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 […]

Nigerian Stocks Open Year Positive, Inches up 0.06%

January 2, 2017/InvestmentOne Research Please click to download the Market Report for Tuesday 2nd January 2018 EQUITIES: ·         The equities market closed the first trading session of the year positive, inching up +0.06% to end at 38,264.79pts. ·         Today’s performance was largely driven by the gains Banking names; ZENITHBANK (+26pts), ACCESS (+13pts), […]