2/2/2017/NSE On a monthly basis, The Nigerian Stock Exchange polls trading figures from major custodians and market operators on their foreign portfolio investments (FPI). The table below shows an analysis of transactions on The Exchange at the end of December 2016 Table 1: Analysis of Transactions for the Period Ended […]
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Bulls Resurfaces on Nigerian Bourse, NSE ASI up 0.13%
February 2, 2017/Cordros Research The bulls resurfaced on the domestic bourse, with the All Share Index climbing by 0.13% to 25,936.24 points. Today’s positive performance trimmed the Month-to-Date and Year-to-Date losses to 0.38% and 3.49% respectively. The Banking (+0.86%), Insurance (+0.60%), and Consumer Goods (+0.02%) indices closed higher, following demand […]
Currency Headwinds Pressure Earnings
February 2, 2017/InvestmentOne Research We update our coverage of the Nigerian consumer goods sector with a near term negative outlook, given our expectation of weak unit growth due to shrinking disposable income, as well as continued pressure on margins and consequently bottom-line figures from both FX related and higher energy […]
