January 15, 2019/InvestmentOne Update ASI as at 12.00pm: +0.11%. Market movers: NEM (+9.83%), OANDO (+9.30%), NEIMETH (-10.00%), FIRSTALUM (-8.33%). Sector Performances: Industrial (+1.86%), Oil & Gas (+1.04%), Banking (+0.20%) and Consumer Goods. Market activity: In today’s early trade, total volume and value increased by 73% and 29% respectively compared to […]
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Bond Yields Compress Further as Coupon Expectations Sustain Buying Interests
Culled—Proshare January 14, 2019/Zedcrest Capital ***Nigeria and South Africa to recover slowly in 2019 *** – Moody’s KEY INDICATORS Indicator Value Commentary Inflation 11.28% As at December 14, 2018. A c.2bps increase from 11.26% recorded in October 2018 MPR 14.00% Left Unchanged for the 12th Consecutive Time at the Nov. […]
T-Bills Market Records Bullish Performance As Average Yields Decline to 15.3%
Culled—Proshare January 14, 2019/Afrinvest Research The Treasury Bills (“T-Bills”) secondary market last week reversed the bearish performance recorded in the previous week – which so far has indicated a W-o-W undulating trend – as investors interest was centred on the short tenored bills. Consequent on this, average yield across tenors […]
