September 18, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Bulls Tuesday resurfaced on the Nigerian bourse, driven by bellwether counters, as the second trading session of the week closed positive, gaining 0.56 percent. InvestmentOne reports that market breadth index was positive with 25 gainers compared to 20 stocks that declined. The report says […]
Investors Bite
Average T-Bills Rate Rose 184bps WoW Amidst Buoyant System Liquidity
Culled—Proshare 17/9/2018/Afrinvest Research Last week, the Treasury Bills (“T-Bills”) market continued its bearish run, despite robust system liquidity as investors remained cautious in anticipation of higher stop rates at the Primary Market Auction (“PMA”) slated for Wednesday and possible Open Market Operations (“OMO”) interventions by the CBN. Consequently, average rate […]
Bond Yields Moderate Further Amid Tighter Supply
Culled—Proshare 17/9/2018/Zedcrest Capital *** High Oil Price Pushes Subsidy on Petrol to N65.60 per Litre*** – Thisday KEY INDICATORS Indicator Value Commentary Inflation 11.23% As at September 14, 2018, 9bps up from 11.14% recorded in July 2018. MPR 14.00% Next MPC meeting scheduled for September 24 & 25, 2018 External […]
