March 24, 2023/InvestmentOne Update The local equities market experienced a downturn on the last trading day of the week as the NGX-ASI fell by 0.06% to settle at 54,892.53pts. In today’s trade, market breadth index was narrowly positive with 13 gainers against 11 losers. NPFMCRFBK (+6.94%) was the top gainer, while […]
Investors Bite
Stocks Reverse Previous Gains, as ACCESSCORP Led Indices to 0.02% Loss
March 23, 2023/Cordros Report EQUITIES The domestic equities market reversed yesterday’s gains as late profit-taking activities witnessed in ACCESSCORP (-2.3%) drove the All-Share Index 2bps lower to 54,924.08 points. Consequently, the Month-to-Date and Year-to-Date returns settled at -1.6% and +7.2%, respectively. The total volume traded declined by 12.2% to 117.85 […]
Bank Rate increased to 4.25% – March 2023
March 23, 2023/Bank of England Monetary Policy Summary, March 2023 The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 22 March 2023, the MPC voted by […]
