April 20, 2022/IMF Global financial conditions have tightened notably and downside risks to the economic outlook have increased as a result of the war in Ukraine (Figure 1). The tightening has been particularly pronounced in eastern Europe and Middle East countries with close ties to Russia, reflecting lower equity valuations […]
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Coronation Fixed Income and Exchange Rate (CFEX) Update
April 20, 2022/Coronation Research Summary Opening market liquidity was reported at N272.3bn on Thursday (14 April ‘22). Overnight and repo rates closed within a range of 7- 13%. On a w/w basis, the average NTB yield remained unchanged at 3.3%. At the primary market NTB auction held last week, the […]
MIDDAY UPDATE: Nigerian Stocks Heads Northward +0.20% Driven by Industrial, Oil & Gas Sectors
April 20, 2022/InvestmentOne Update ASI as at 12.00pm: +0.20% Market movers: MEYER (+10.00%), GUINNESS (+6.86%), ACADEMY (-9.72%) and JOHNHOLT (-9.30%) Sector Performances: Industrial (+0.99%), Oil and Gas (+0.18%), Banking (-2.00%), and Consumer Goods (-0.10%) Market activity: In today’s trade, total volume and value increased by 529% and 1340% respectively, compared […]
