April 13, 2021/NGX Nigerian Exchange (NGX) Limited listed BUA Cement Plc’s ₦115billion 7-Year Series 1 Fixed Rate Senior Unsecured Bond issue, the first listing in the NGX era today, 13 April 2021. The listing was commemorated with a digital Closing Gong Ceremony featuring the Chief Executive Officer (CEO), BUA Cement […]
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Nigerian Stocks Close Negative -0.29% on Losses Across Sector
April 13, 2021/InvestmentOne Update The Nigerian equities market was bearish today as NSE-ASI lost 0.29% to close at 38,598.66pts. Similarly, market breadth index was negative with 18 losers against 15 gainers. JAPAULGOLD (+8.70%) was the top gainer, while GUINNESS (-9.91%) led the losers today. FIDELITYBK(+0.40%) was the most actively traded stock with about 38.56million units of shares worth about […]
Central Bank Intervenes in FX Markets, Sells Dollars to Foreign Portfolio Investors
April 13, 2021/Proshare By Zedcrest Capital FGN Bonds The bearishness in the FGN bond market was sustained as the markets resumed this week, as market participants continued to react negatively to the increased supply at the primary auction as outlined by the DMO in its issuance calendar for Q2. Selling […]
