Equities Market: NSE ASI Tanks by 1.41% amid Renewed Bearish Sentiment

Must Read

List of United Bank for Africa (UBA) Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort...

List of First Bank of Nigeria Sort Codes in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort...

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to...
- Advertisement -

In the just concluded week, the local equities market closed negatively amid renewed profit-taking activity. Specifically, the NSE ASI plunged by 1.41% week-on-week to 24,828.75 points. Given the renewed bearish sentiment, especially on the oil and gas stocks, three of the sub-sector gauges closed in the red.

Equities Market: NSE ASI Tanks by 1.41% amid Renewed Bearish Sentiment - Brand Spur
Cowry Asset Research

The NSE Oil/Gas index, NSE Insurance index, and the NSE Banking index declined by 4.86%, 3.11% and 3.06% to 208.65 points, 131.54 points, and 290.81 points respectively.

On a positive note, the NSE Industrial index and the NSE Consumer Goods index rose by 2.24% and 1.81% to 1,219.69 points and 432.89 points respectively.

Meanwhile, market activity was mixed as total deals and Naira votes increased by 19.58% and 3.43% to 19, 515 deals and N10.06 billion respectively.

- Advertisement -

However, transaction volumes fell by 4.13% to 1.04 billion shares.

In the new week, we expect the domestic equities market to close positively as investors take advantage of the relatively low prices. Also, we may see the share price of Dangote Cement appreciate as it began exportation of clinker in the just concluded week. Hence, we advise our clients to buy stocks with strong fundamentals and good dividend yields.

Cowry Asset Research

- Advertisement -
Equities Market: NSE ASI Tanks by 1.41% amid Renewed Bearish Sentiment - Brand SpurEquities Market: NSE ASI Tanks by 1.41% amid Renewed Bearish Sentiment - Brand Spur

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Equities Market: NSE ASI Tanks by 1.41% amid Renewed Bearish Sentiment - Brand SpurEquities Market: NSE ASI Tanks by 1.41% amid Renewed Bearish Sentiment - Brand Spur

Latest News

Next Meats, Purveyor of the World’s First Plant-based Yakiniku Meats, Is Now in Singapore

The Tokyo-based startup makes its debut in the alt-protein hotspot of Singapore

 

  • Next Meats has collaborated with Aburi-EN to deliver two new meal sets
  • Made with soybean proteins, the Kalbi contains no chemical additives or animal ingredients


SINGAPORE - Media OutReach - 14 April 2021 - Next Meats, a purveyor of the world's first plant-based yakiniku meats, is making its debut in the alternative protein hotspot, Singapore! The Japanese alternative meat company has collaborated this time with popular Japanese restaurant Aburi-EN, which will offer two types of set meals using the NEXT Kalbi (boneless short rib) for the very first time. Made largely from soy proteins, the NEXT Kalbi contains double the amount of protein and half the fats than that of regular meat and even more, it does not contain any chemical additives or cholesterol due to its lack of animal ingredients. Now, Singaporeans can enjoy yakiniku without the guilt!


Equities Market: NSE ASI Tanks by 1.41% amid Renewed Bearish Sentiment - Brand Spur

From left to right: Premium Kalbi Don Set and Stamina Teishouku Set

The two new menus available at Aburi-EN are the Kalbi Don Set (S$13.80) and the Stamina Teishoku (S$15.80) — which are available for a limited time only. Next Meats has specifically chosen to work with Aburi-EN as they are a Japanese grilled-meat specialist. The two menus are the culmination of many months of research and development, and they will also be Aburi-EN's first-ever plant-based dishes.

Read Also:  Dangote Cement Successfully Tamed Turbulent Waters As Strong Cement Sales Underscores Topline Growth


Equities Market: NSE ASI Tanks by 1.41% amid Renewed Bearish Sentiment - Brand Spur

For the Kalbi Don Set, Next Meat's Kalbi is grilled and served atop a bowl of fragrant Japanese steamed rice. Equally indulgent, the Stamina Teishoku features the Kalbi stir-fried with cabbage along with egg imported from Okinawa. The meat is then served with fragrant Japanese steamed rice, salad, pickles and miso soup. For both dishes, the meats are glazed with a special homemade sauce that packs an irresistible umami punch.

Both the Kalbi Don Set and Stamina Teishoku will be available at all Aburi-EN stores from April to July 2021.

An advocate of sustainable food production and better food security

The NEXT Kalbi is one of Next Meats' innovative offerings, which includes other plant-based delicacies such as the NEXT burger and NEXT gyudon (beef bowl). The company champions the importance of saving the planet and humanity through reducing the emission of greenhouse gases (which is produced from meat consumption and animal agriculture) and utilizing biotechnology to combat protein deficiency.

Through extensive research and development, Next Meats has culminated the knowhow on using molecular binding to mould vegetable proteins from powder. Buoyed by state-of-the-art, proprietary technologies, the company has successfully created vegan substitutes that replicate the texture of real meat.

About Next Meats

Hailing from Tokyo, Next Meats is a food-tech venture company that specialises in the research and development of Japanese-style alternative meat products. Its journey of product development began in 2017, and the company was officially established in 2020. Its portfolio of products includes plant-based burger patties, gyudon and yakiniku meats.

Social Media for Next Meats

Facebook: /nextmeats.singapore

Instagram: @nextmeats_singapore

Hashtags: #nextmeats #nextmeats_sg #japaneseplantbased


About Aburi-EN

Aburi-EN is Singapore's leading Japanese Grill restaurant chain, best known for delicious high quality grilled donburi bowls. Signature dishes include the Premium Buta Don with grilled chestnut-fed pork, Wagyu Karubi Don, and the Wagyu Stamina Don, made using A4/A5 Miyazaki Wagyu, which has won Japan's "National Wagyu Award" for 3 consecutive years, among many others. The homemade sauces give the meats and dishes an extra umami-ness. Aburi-EN is also known for affordable highballs and Japanese sours, which pair perfectly with the Aburi dishes.

Social Media for Aburi-EN

Facebook: /aburiensg

Instagram: @aburien.sg

Hashtags: #aburiensg #aburiendonburi #aburienjapanesegrill

Outlets

- Isetan Scotts:

350 Orchard Rd, #01-K1 Shaw House, Singapore 238868

- Causeway Point

1 Woodlands Square, #02-09B Causeway Point, Singapore 738099

- Jem

50 Jurong Gateway Rd, #01-04 Jem, Singapore 608549

- Vivo City

1 Harbourfront Walk, #01-159/160 VivoCity, Singapore 098585

- Novena Square

238 Thomson Rd, #01-89/90, Singapore 307683

- Guoco Tower

1 Wallich St, #B2 - 09, Singapore 078884

- Orchard Central

181 Orchard Central, Central, #01-16 Orchard, 238896

- Suntec City

3 Temasek Blvd, #B1-121 Suntec City Mall, Singapore 038983

- Nex

23 Serangoon Central, #01-63/64/65 Nex, Singapore 556083

Operating Hours

11am – 10pm, Daily

Equities Market: NSE ASI Tanks by 1.41% amid Renewed Bearish Sentiment - Brand Spur
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Equities Market: NSE ASI Tanks by 1.41% amid Renewed Bearish Sentiment - Brand SpurEquities Market: NSE ASI Tanks by 1.41% amid Renewed Bearish Sentiment - Brand Spur