—-Naira appreciate by 1.01% October 19, 2023/Research & Strategy Futureview Financial Services Click here to download the full report EQUITIES MARKET: The Equities market closed the day’s trading on a negative note, driven by investor’s profit taking in high capitalized stocks. This resulted in a 38 basis points decrease in the NGX […]
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October 20203 Bond Auction: A Slightly Better Auction for the DMO
October 19, 2023/FBNQuest Research At the primary auction of FGN bonds conducted by the Debt Management Office (DMO) on Monday, the agency offered its now regular offer size of NGN360bn worth of FGN paper to investors. While the agency fell slightly short of its sales target at NGN335bn, the outcome […]
Nigerian Bourse Trades Marginally Higher +4Bps Buoyed by GTCO, UBA, ZENITHBANK
October 18, 2023/Cordros Report EQUITIES The local bourse traded marginally higher in today’s session, following investors’ interest in ZENITHBANK (+1.2%), UBA (+1.6%) and GTCO (+0.7%). Accordingly, the NGX ASI notched a 4bps gain to close at 67,353.23 points. Thus, the Month-to-Date and Year-to-Date returns increased to +1.5% and +31.4%, […]
