April 26, 2022/infowarelimited.com The Nigerian Exchange Limited (NGX) has launched West Africas’ first Exchange Traded Derivatives Market with Equity Index Futures Contracts. In December 2019, a new derivatives framework was implemented by SEC overseeing Central Counterparty and Derivatives transaction; clearing a path for recognized exchanges like NGX to launch their […]
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Local Institutional Participation Drives a Marginal Increase in Total Activity Level
April 25, 2022/CSL Research The recently released NGX Domestic & Foreign Investment report for March 2022 showed that the total value traded increased marginally by 0.9% m/m to N185.26bn (US$445.25m) in March from N183.6bn (US$441.6m) in February 2022. The All Share Index (ASI) returned a YTD gain of 9.9% in […]
Nigerian Bourse Sustain Bullish Run as Index Gains +0.2% Driven by NB Plc
April 25, 2022/Cordros Report EQUITIES The local bourse opened the week on a bullish note as investors’ positive reaction to NB’s Q1-22 earnings release drove a 0.2% increase in the All-Share Index to 48,558.91 points. Consequently, the Month-to-Date and Year-to-Date gains increased to +3.4% and +13.7%, respectively. The total volume […]
