May 27, 2020/NSE Tenebe Anthonia The Nigerian Stock Exchange (NSE or The Exchange) has remained attractive in terms of dividend yield and market valuation ratios, with the All Share Index outperforming peer exchanges in Africa. This was revealed by the Chief Executive Officer, NSE, Mr. Oscar N. Onyema, OON during […]
Investors Bite
The Bulls Take the Week, Nigerian Stocks Gain +5.59% WTD
May 22, 2020/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI gained 1.80% to close at 25,204.75pts. Similarly, the market gained 5.59% WTD. In today’s trade, market breadth index was positive with 28 gainers against 16 losers. MOBIL (+9.97%) was the top gainer while CAVERTON (-10.00%) led the loser’s chart. UBA (+1.49%) was the most actively traded stock with about 49million units of shares worth about N331million. Sector Performance · NSE […]
A Highly Successful Auction for the DMO in May 2020
Culled—Proshare May 22, 2020 by FBNQuest Research The DMO can view the outcome of this week’s FGN bond auction with satisfaction. It offered N60bn, raised N296bn (US$770m) on a competitive basis and attracted a total bid of N426bn. Marginal rates moved between 20bps higher for the five-year and 30bps lower […]
