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Stocks Closes Week Negative as NSE ASI Down 2.00%

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday closed the week on a negative note as the all-share index (ASI) and market capitalisation depreciated by 2.00 percent and… Read more »

Guinness Nigeria Q2 2017 Results Review – Neutral Rating Maintained

Culled—Proshare February 3, 2017/FBNQuest Research Possibly moving into oversold territory Guinness Nigeria’s (Guinness) Q2 2017 (end-Dec) results were weaker than expected. The weak results were driven by negative surprises on… Read more »

NSE Total Transaction up 48.91% as December 2016

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… Read more »

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… Read more »

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 … Read more »

FMDQ Achieves ₦113.66 trillion 2016 Market Turnover

February 2, 2017/FMDQ FMDQ OTC Securities Exchange (‘FMDQ’ or the ‘OTC Exchange’), has since its launch onto the Nigerian financial markets landscape in 2013, championed initiatives geared towards providing an… Read more »