August 29, 2024/InvestmentOne Update ASI as at 12.00pm: +0.26% Top Gainers and Losers: INTBREW (+10.00%), OANDO (+9.98%), SCOA (-9.79%) and SOVRENINS (-8.20%). Sector Performances: Consumer Goods (+1.43%), Oil & Gas (+0.41%), Banking (-0.49%) and Industrial (-0.01%). Market activity: In today’s trade, total volume advanced by 176%, while total value declined […]
Updates
SEC Adopts Reporting Enhancements for Registered Investment Companies and Provides Guidance on Open-End Fund Liquidity Risk Management Programs
August 28, 2024/US SEC The Securities and Exchange Commission today adopted amendments to reporting requirements on Form N-PORT to provide the Commission and investors with more timely information about certain registered investment companies (funds). Form N-PORT reports provide important information about a fund’s portfolio holdings and related information to help […]
Coronation Fixed Income and Exchange Rate Update
August 28, 2024/Coronation Research Summary Opening market liquidity was reported at N1.1m on Friday (23, Aug ‘24). Call, overnight, and repo rates closed within the range of 8.6% – 26.2%, as rates in the money market moderated. Last week, the average NTB yield decreased by 262bps to close at 22.3% w/w. […]
