Investors Bite

NSEASI Extend Losses by -2.3% W/W as Sentiments Remain Weak

July 19, 2019/Cordros Report Global economy   According to China’s National Bureau of Statistics, the Chinese economy grew by 6.2% y/y in Q2 2019, slowing down from 6.4% y/y recorded in the prior quarter. The GDP reading was the slowest expansion in 27 years. Dissecting the components, we noted a […]

MIDDAY UPDATE: Nigerian Stocks Inch Up +0.18% on Gains in Consumer Goods Counters

July 19, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange all-share index (NSEASI) as at midday Friday has inched up -0.18 percent on gains recorded thus far in the Consumer Goods sector. InvestmentOne update reports that market movers are  primary mortgage lender, Abbey Mortgage Bank Plc and top tier lender, […]

NSEASI Dips -0.64% on Sustained Bearish Run

July 18, 2019/InvestmentOne Report Please click to download the Market Report for Thursday 18th July 2019 EQUITY: The Nigerian equities market closed negative today as NSE-ASI lost 0.64% to close at 27,864.49pts. Similarly, market breadth index was notably negative with 19 losers against 12 gainers. Today’s performance was mainly due to the […]