Updates

MIDDAY UPDATE: Nigerian Stocks Inch Down -0.17% on Losses Across Sector

August 14, 2020/InvestmentOne Update ASI as at 12.00pm: -0.17%. Market movers: IKEJAHOTEL (-7.69%) and TRANSCORP (-6.67%), MBENEFIT (+10.00%), CUTIX (+9.14%). Sector Performances: Consumer Goods (-0.45%), Banking (-0.44%),  Industrial (-0.05%) and Oil & Gas. Market activity: In today’s early trade, total volume and value increased by 158% and 572% respectively, compared to this time yesterday as investors have traded about 271million units of […]

Daily Market Update for August 13, 2020-Cordros

August 13, 2020/Cordros Report EQUITIES The domestic bourse sustained the previous session’s gains, as demand for MTNN (+0.8%), NB (+5.9%), and STANBIC (+2.4%) drove the index higher. Consequently, the NSE ASI advanced by 0.4% to 25,236.97 points, with the Month-to-Date gain increasing to +2.2% and the Year-to-Date loss moderating to […]

“After the Crash – What’s Next?” Africa Oil Week releases two reports, created in collaboration with Wood Mackenzie

Posing the question “what’s next?”, the reports look at what has changed in the upstream and offer future projections August 13, 2020/AOW Africa Oil Week (www.Africa-OilWeek.com) has launched two complimentary reports, produced in association with Wood Mackenzie. Both assess the impact of the latest supply and demand crisis in oil […]