- PRESS RELEASE: AFSIC – Investing in Africa
- Expert Opinion: Trump 2.0 Impact on Emerging Markets?
- Leveraging Digital Marketing to Boost Financial Sector Growth in Africa
- AFSIC Super Early Bird Rate Open - Save up to £1,440pp by Registering Now
- Countdown to Trump inauguration – what next for equities, interest rates oil, gold and bonds
FBN Securities Nigerian Market Wrap: 29 January 2015
The bears had the upper hand in the market today with increased foreign selling amid growing political and economic uncertainties. Financials were the worst hit as offers outstripped demand 3:1 in most names. Zenith(-4.99%) and Diamond(-4.81%) took a beating and both closed on net offer, the former having over 2mln shares at the day’s low. Diamond closed at N3.76, 35% off its 2014 rights price of N5.80. Guaranty dipped -4.31% intraday but subsequent value buying…
Read More