October 30, 2017/Cordros Research EQUITIES The equities market commenced the week positive, with the ASI appreciating 0.06% to 36,484.30 points, following bargain hunting in the Banking and Oil & Gas stocks. Accordingly, the Month-to-Date and Year- to-Date returns increased to 2.95% and 35.76% respectively. The Banking (+0.70%) index led the […]
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SEC Commended on establishment of Capital Market Development Fund
October 30, 2017/SEC The Securities and Exchange Commission (SEC) has been commended on the establishment of the Nigerian Capital Market Development Fund (NCMDF). Speaking at the inauguration of the board of NCMDF, Former Chairman of the Board of SEC and former DG, Dr. Suleyman Ndanusa commended the SEC on its efforts at […]
NSEASI Opens Week on Positve Note on Gains in the Banking Sector
October 30, 2017/InvestmentOne Research he Nigerian equities market closed positive today, gaining +0.06% DANGFLOUR (+10.19%) was the market’s best performer while MORISON (-4.76%) was the worst performer. However, market breadth index closed negative as 21 stocks declined against 18 stocks that gained. FBNH (-0.81) led the market in terms […]
