Culled—-Proshare Anchoria AM Research February 11, 2019 Money Market The money market rate increased last week as the Overnight rate (OVN) and Open Buy Back (OBB) rose to 11.86% and 11.07% respectively. Consequently, the average money market rate rose by 7.58% to settle at 19.05% due to the decrease in […]
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Nigerian Stocks Open Week in Green, Inch Up +0.80% on Gains Across Sectors
February 11, 2019 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Monday continued its winning streak from last week, as it closed the first trading session of this week in green, gaining 0.80 percent to 31,781.87basis points compared to +0.31 percent gain recorded previously; as Year-to-Date (YTD) returns currently […]
Intraday Update: Nigerian Stocks Gain +0.29% on Buy Interest in Banking Counters
February 11, 2019/InvestmentOne Update ASI as at 12.00pm: +0.29%. Market movers: MCNICHOLS (+9.76%), NNFM (+8.86%), TOTAL (-7.20%), UNIONDAC (-6.90%). Sector Performances: Banking (+1.58%), Oil & Gas (-1.10%), Consumer Goods (-0.23%) and Industrial. Market activity: In today’s early trade, total volume and value declined by 60% and 23% respectively compared to this […]
