Culled—-Proshare August 15, 2017/ARM Research Despite the bull run across naira equities, which supported strong rally in the FMCG space (YTD, Food: 45%, HPC: +45%, Brewers: +30%), the share price of UACN continues to remain sticky with sentiments largely sour. To our minds, the apathy reflects weak performance in the […]
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Intraday Update: NSEASI Likely to Close Red on Profit-Taking
August 15, 2017/InvestmentOne Research ASI as at 12.00pm: -0.55% Market movers: MORISON (-8.16%), CHAMPION (-4.82%), GOLDBREW (+4.71%), CONOIL (+3.99%) Sector Performances: Banking (-1.09%), Consumer (-0.61%),Oil & Gas (-0.15%) Industrial Market activity: With c.49m units of stocks worth c.N780m so far traded by investors, turnover in today’s early trades appears weaker […]
Nigerian Equities Market Close in Red, NSEASI Dips 0.65%
August 14, 2017/InvestmentOne Research Please click to download the Market Report for Monday 14th August 2017 EQUITIES: Due to sell-off in DANGCEM (-248pts), as well as Tier 1 banking names; UBA (-30pts) and ZENITHBANK (-23pts), which more than offset the gains in NB (+46pts) and ETI (+22pts), the Nigerian equities market closed […]
