——Naira appreciate by 1.85% October 23, 2023/Research & Strategy Futureview Financial Services Click here to download the full report EQUITIES MARKET: The Nigerian Stock Exchange market commenced the week on a bearish note in the equities segment, leading to a 6-basis point (bps) decrease in the NGX All-Share Index (NGXASI). The index […]
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Improved Demand at the Latest Bond Auction
October 20, 2023/Coronation Research The DMO held its monthly auction of FGN Bonds on Monday (16 October ’23). It offered N360bn but raised N334.8bn through re-openings of 14.55% FGN APR 2029, 14.70% FGN JUN 2023, 15.45% FGN JUN 2038, and 15.70% FGN JUN 2053 bonds. The participation level (demand) at […]
GEREGU, STANBIC Drags NGXASI to 0.4% Weekly Loss
Local stocks ended the week on a negative note, driven by selloffs of STANBIC (-13.1%) and GEREGU (-7.2%). As a result, the All-Share Index shed 0.4% w/w to close at 66,915.41 points. October 20, 2023/Cordros Report Global Economy According to the National Bureau of Statistics of China, the Chinese economy […]
