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Proshare Nigeria
August 23, 2016
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Pursuant to the provisions of Section 313(1)(n) of the Investments and Securities Act(ISA) 2007
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August 23, 2016
The equities market closed today on a negative note, as NSE ASI depreciated by 0.01% to close at 27,810.28 basis points, compared with the 0.58% appreciation recorded previously.
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August 23, 2016
It hasn’t been a great year for the markets so far this year. The NSE Allshare index is down around 3.46% year-to-date. With volatility at 7.3%, less inflow from foreign investors due the depreciating Naira, and the market looking more bearish, it becomes a challenge finding winning investments.
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