Culled—Proshare October 2, 2018/Afrinvest Research The Nigerian Treasury Bills (“T-Bills”) market reversed prior week’s bullish performance as average rate across tenors closed higher by 0.2% W-o-W to settle at 12.5% on Friday. Investors sold off short term instruments particularly 11-Oct-18 (+1.9%) and 18-Oct-18 (+1.6%). The long-term bills also witnessed sell […]
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Nigerian Stocks Down -0.61% on Sell Pressure
September 27, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday closed the fourth trading session of the week in the red, losing -0.61 percent to 32,763.35 basis points; compared -0.46 percent decline recorded the previously as Year-to-Date (YTD) returns currently stands at -14.33 percent. InvestmentOne reports that market breadth index […]
DMO Gets Robust Auction Demand, Raises More than the N90bn Offered at 1.64X Bid to Cover
Culled—Proshare 27/9/2018/Zedcrest Capital ***USFed raises interest rates, gives bullish outlook for economy*** KEY INDICATORS Indicator Value Commentary Inflation 11.23% As at September14, 2018,9bps up from 11.14% recorded in July 2018. MPR 14.00% Left Unchanged for the 11th Consecutive Time at the Sept. 25, 2018 MPC Meeting External Reserves $44.52bn As […]
