November 29, 2016/NSE On a monthly basis, The Nigerian Stock Exchange polls trading figures from major custodians and market operators on their foreign portfolio investments (FPI). The table below shows an analysis of transactions on The Exchange at the end of October 2016. Table 1: Analysis of Transactions for the […]
Investors Bite
A Hint of Investor Fatigue
Culled—Proshare November 29, 2016/FBNQuest Research The DMO sought to raise N95bn from its most recent monthly auction of FGN bonds yet registered sales of just N39bn (US$130m). Monthly sales are generally steady and the rare dips can be explained by the DMO’s determination to halt upward pressure on yields by […]
Stocks Open Week Negative on Waned Investors Confidence
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Monday opened the week on a negative note, with the all-share index (ASI) falling by 0.06 percent to close at 25,318.41 points. “Today’s negative close increased the Month-to-Date (-6.99 percent) and Year-to-Date (-11.98 percent) losses,” according to Cordros daily market update. The […]
