December 18, 2023/Futureview Research Kindly click here to download the Weekly Stock Recommendations from our Research team for this week 18th – 22nd December, 2023. Also, see below our top stock picks for the week.
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Nigerian Equities Open Week Bullsih +0.02% Driven by FIDELITYBK, TRANSCOHOT
December 18, 2023/Cordros Report EQUITIES The Nigerian equities market resumed the week on a positive note following buying interest in TRANSCOHOT (+9.4%) and FIDELITYBK (+2.7%). Thus, the All-Share Index inched higher by 2bps to close at 72,404.91 points. Accordingly, the Month-to-Date and Year-to-Date returns settled at +1.5% and +41.3%, […]
Decent Demand for FGN Bonds at Recent Auction
December 15, 2023/Coronation Research The DMO held its monthly auction of FGN Bonds on Monday (11 December ’23). It offered N360.0bn but raised N273.6bn through re-openings of the 14.55% FGN APR 2029, 14.70% FGN JUN 2033, 15.45% FGN JUN 2038 and 15.70% APR 2053 FGN bonds. The bids were allotted […]
