October 27, 2017/Cordros Research Capital Market Equities The Nigerian equities market closed negative for the second consecutive week, amid mixed corporate earnings, with the ASI shedding 0.34% w/w to 36,646.46 points. Losses prevailed across the Industrial Goods (-3.28% w/w), Insurance (-3.08% w/w), Oil & Gas (-1.34% w/w), and Consumer Goods […]
Investors Bite
MSCI Decision: Lace Up For another Bull Run?
Culled—Proshare October 27, 2017/ARM Research Index provider, MSCI Inc. announced that it will retain Nigeria in its benchmark frontier-index and precluded Nigeria from a review for potential reclassification to Standalone status1 in line with our earlier view2. According to MSCI, the Investors’ & Exporters’ Window (IEW) improved currency market conditions […]
Stocks Dip 0.15% on Persistent Weak Investors Sentiment
October 27, 2017/InvestmentOne Research The Nigerian equities market declined -0.15% today. Market breadth index closed flat as 23 stocks gained against 23 stocks that declined. The best performing stock was CAVERTON (+5.00%) while TOTAL (-5.00%) topped the losers’ chart. FBNH (+0.81%) and DANGCEM (-0.01%) topped as regards to volume […]
