September 17, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The local bourse succumbed to a 0.39 percent loss in the opening session of the trading-week and closed at 32,201.98 points, partially offsetting Friday’s gains, as investors sold off on banking and consumer goods large-cap counters. Cordros reports that following this trend, the Month-to-Date […]
Investors Bite
Average T-bills Yield Rose Significantly by 208bps to Close the Week at 14.43%
Culled—Proshare September 17, 2018/Anchoria AM Research Money Market The money market rate increased last week as the Overnight rate (OVN) and Open Buy Back (OBB) rose to 12.00% and 10.67% respectively. Consequently, the average money market rate increased by 8.21% to settle at 11.14% due to reduction in system liquidity […]
Nigerian Equities Lose 39 Bps as Bearish Sentiment Persist
September 17, 2018/Cowry Asset
