Investors Bite

NSE Says Total Transactions Increased by 34.42% to N297.25 Billion in June from N221.13 billion in May 2019

July 25, 2019/NSE On a monthly basis, The Nigerian Stock Exchange polls trading figures from market operators on their Domestic and Foreign Portfolio Investment (FPI)4  flows. As at 30 June 2019, total transactions at the nation’s bourse increased by 34.42% from N221.13 billion (about $713.7 million) in May 2019 to […]

Nigerian Stocks Dip by 0.20% Amid Renewed Bearish Run

July 24, 2019/Cordros Report EQUITIES The Nigerian equities market reversed performance today, as a portion of the gain from the previous day’s trading session was clawed back after the benchmark index declined by 0.20% to close at 28,088.74 points. Consequently, the Month-to-Date and Year-to-Date returns worsened to -6.27% and -10.63% […]

DMO List FGN Second N100 Billion Sukuk on NSE

July 23, 2019/NSE Debt Management Office (DMO) of Nigeria on Tuesday, July 23, 2019, listed on The Nigerian Stock Exchange, the second ₦100bn, 7-Year, FGN Sukuk due to mature in 2025. The Sukuk was raised at a rental rate of 15.743%, a 73-basis point discount from the 16.47% rental rate […]