June 17, 2022/NGX Nigerian Exchange Limited (“NGX” or “the Exchange”), in collaboration with the Chartered Institute of Stockbrokers (CIS) and NG Clearing (NGCL) is set to host a webinar to deepen the knowledge of the investing public on the recently launched NGX Derivatives Market. The webinar, themed “Exchange-Traded Derivatives: Enhancing […]
Updates
NGX Follows Rout in Global Equities, Records -2.7% Weekly Decline on Bellwether Sell-Offs
The local bourse was not immune to the rout in global equities, as profit-taking activities dominated trading this week. Precisely, the All-Share Index declined by 2.7% w/w to close at 51,778.08 points, driven by sell-offs in MTNN (-7.9%), BUAFOODS (-7.9%), AIRTELAFRI (-1.2%), INTBREW (-15.0%) and some banking names. June 17, […]
Coronation Fixed Income and Exchange Rate (CFEX) Update
June 16, 2022/Coronation Research Summary Opening market liquidity was reported at N237.5bn on Friday (10 June ‘22). Overnight and repo rates closed within a range of 13 – 14%. The average NTB yield increased by +16bps w/w to close at 4.1%. At the latest primary market NTB auction held last […]
