June 16, 2022/InvestmentOne Update ASI as at 12.00pm: +0.01% Market movers: LINKASSURE (+9.80%), JAPAULGOLD (+3.45%), CWG (-9.62%) and WAPIC (-7.32%) Sector Performances: Banking (-0.11%), Consumer Goods, Oil and Gas and Industrial. Market activity: In today’s trade, total volume and value increased by 150% and 18% respectively, compared to this time […]
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Pricing Considerations See the DMO and FGN Shelve Proposed Eurobond Issuance
June 16, 2022/United Capital Report Recently, the finance minister, Zainab Ahmed, announced that the FGN had shelved plans to raise $950mn from the international debt market due to pricing concerns, and over the timeframe considerations for the fundraising. The recent move comes amid unfavourable market conditions, as central banks globally […]
Equities Market Extends Losses, Down -0.6% Dragged by MTNN
June 15, 2022/Cordros Report EQUITIES Profit-taking activities continued today in the domestic equities market, with bellwether stock – MTNN (-2.4%) weighing down the bourse. Thus, the All-Share Index ended the session 0.6% lower at 52,775.40 points. Accordingly, the Month-to-Date loss settled at -0.4%, while the Year-to-Date return moderated to +23.6%. […]
