Investors Bite

Funding Rates Crash to c.5pct as c.N300bn T-bill Maturity Inflows hit the System

Culled—Proshare 5/7/2018/Zedcrest Capital ***NAFEX Rate hits 11 Month High at N362.25/$*** KEY INDICATORS Inflation 11.61% Declined by 0.87% in May from 12.48% in April 2018 MPR 14.00% Left unchanged at 14.00% at the MPC meeting 0n 4 April 2018 External Reserves $47.63billion Rose by 0.36% as at 3 July from […]

NSE Suspends Trading in the Shares of STACO, ROYALEX and Six Others

Culled—Proshare 5/7/2018/ Greenwich Trust  Please be notified of the suspension of trading in the shares of the companies listed below effective today, 5 July 2018: 1) African Alliance Insurance Plc 2) Cornerstone Insurance Plc 3) R. T. Briscoe Plc 4) Royal Exchange Plc 5) STACO Insurance Plc 6) Standard Alliance […]

NSE Says Foreign Outperform Local Investors by 21.25% in May 2018

July 5, 2018/NSE On a monthly basis, The Nigerian Stock Exchange polls trading figures from major custodians and market operators on their Foreign Portfolio Investment (FPI) flows. The table below shows an analysis of transactions on The Exchange as at the end of May 2018. Table 1: Analysis of Transactions […]