January 22, 2020/InvestmentOne Report The Nigerian equities market closed negative today as NSE-ASI lost 0.02% to close at 29,458.21pts. Similarly, market breadth index was negative with 17 losers against 15 gainers. JBERGER (-6.76%) led the losers’ chart while LAWUNION (+10.00%) was the top gainer today. AUSTINLAZ (-2.87%) was the most actively traded […]
OPINION/EDITORIAL
FY 2020 Outlook: Treading Uncharted Waters
Culled—Proshare January 21, 2020 By CardinalStone Research Executive Summary We expect improvement in the domestic economy on the back of the structural changes that began in 2019. Notwithstanding, per capita income is likely to remain frail with scope for further changes in consumption patterns and, possibly, excess capacity for a […]
Oil Falls Despite Major Outage In Libya
January 21, 2020/OilPrice.com Chart of the Week – The EIA forecasts Brent oil prices averaging $65 per barrel in 2020 and $68 per barrel in 2021, and WTI averaging $59 and $62 per barrel over the same timeframe. – The agency says prices could remain elevated in early 2020 […]
