Investors Bite

A bond Auction to Satisfy the DMO

Culled—Proshare June 23, 2017/FBNQuest Research The DMO may view Wednesday’s monthly auction of FGN bonds as a success. While it raised N99bn (US$320m) rather than its offer of N140bn, it was able to set marginal rates for all three bonds below the level of the previous month. It was operating […]

Nigerian Bourse Reports 4.99% Loss W-o-W, Y-t-D Return Shrank to 19.53%

June 23, 2017/Cordros Researcht Click here to download full PDF Report Nigerian Capital Market Equities The market bucked four consecutive weeks of uptrend, as the All Share Index declined by 4.99% to 32,122.14 points, driving YtD performance lower to 19.53%, following broad profit taking across sector indices. The market had […]

Nigerian Bourse Closes in Red Second Straight Session on Tickers across Sectors

June 22, 2017/InvestmentOne Research Please click to download the Market Report for Thursday 22nd June 2017 EQUITIES:   The Nigerian bourse closed in the red for the second trading session in a row with the NSE-ASI down by -1.64% following sell-off in tickers across sectors. The index YTD return now stands at […]