Culled—Proshare November 17, 2017/@ZedcrestCapital The Bond Market The bond market ended the week on a bullish note, with renewed demand from local market players taking yields lower by 5bps across the curve. Average bond yields consequently declined to 14.83% from 14.89% in the previous session. We expect yields to trend […]
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Nigerian Equities Reverses Last Week Gains, Sheds 1.12% Week-on-Week
By Abdulquddus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Friday reversed last week’s gain as the Nigerian Stock Exchange all-share index (NSEASI) and market capitalisation shed 1.12 percent and 0.57 percent to close the week at 36,703.58 and N12.774 trillion respectively. “Similarly, all other indices finished lower during the […]
NSEASI Closes Friday in Green, Driven by Investors’ Appetite for Consumer Goods Stocks.
November 17, 2017/InvestmentOne Research The NSE-ASI gained +0.19% in today’s trading session, but lost -1.12% WTD. CILEASING (+9.09%) topped the gainers’ chart, while UACN (-8.99%) was the worst performer. Market breadth index closed positive as 26 stocks gained against 14 stocks that declined. SOVRENINS was the most actively […]
