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Intraday Update: Nigerian Equities Market Down -0.33% on Sell-Offs Across Sectors

April 9, 2018/InvestmentOne Update ASI as at 12.00pm: -0.33%. Market movers: WAPCO (-7.24%), DANGFLOUR (-4.35%), GLAXOSMITH (+10.00%), FIDSON (+4.75%). Sector Performances: Industrial (-3.43%), Banking (-0.36%), Consumer Goods (-0.34%), Oil & Gas. Market activity: In today’s early trade, total volume and value declined by 65% and 50% respectively compared to this […]

Slight Compression in yields, as CBN holds off On OMO

Culled–Proshare 6/4/2018/Zedcrest Capital ***ERGP to create 570, 600 jobs*** – Udoma Bonds The bond market traded on a very calm note, with minimal trading interests observed, as traders wound up activities for the week. Yields were relatively stable, compressing slightly by c.2bps due to slight contraction on the short and […]