Investors Bite

Rising Dividend Yields Signal Buy Opportunities in Bear Bourse

November 23, 2018/Cowry Asset It is no longer news that foreign portfolio investors (FPIs) are leaving our shores to pitch their tents with developed markets, especially the United States, given that investors’ return on money loaned to advanced economies has become increasingly attractive. Just in September 2018, the U.S Fed […]

Market Volume Moved Up By 182.90% on ZENITHBANK’s Single Day Transaction

Culled—Proshare 22/11/2018/Proshare Research The total volume of shares traded on the floor of the Nigerian Stock Exchange (NSE) on Thursday, November 22, 2018 rose by 182.90% following a spike of 2424% in the volume of shares traded in ZENITHBANK today.  At the close of trading, the tier-one bank emerged the most traded […]

FGN Bond Auction Undersubscribed by 11% Amidst Weak Investor Appetite

Culled—Proshare November 22, 2018/Zedcrest Capital ***Headline year-on-year (YoY) Inflation falls to 11.26% in October, compared to 11.28% in September*** KEY INDICATORS Indicator Value Commentary Inflation 11.26% As at November 21, 2018. A c.2bps down from 11.28% recorded in September 2018 MPR 14.00% Final MPC Meeting of the year rescheduled till […]