June 21, 2017/Cordros Research Click here to download full PDF Report EQUITIES Nigerian equities bucked a 5-day gaining streak, with a market-wide profit-taking causing the All Share Index to reverse gains (1.67%) recorded thus far this week, after declining 2.61% (biggest loss since 27th June, 2016: -2.64%) to 33,477.89 points. […]
Updates
ASI: Intraday Update
June 21, 2017/InvestmentOne Research ASI as at 12.00pm: -0.64% Market movers: UBA (-7.34%), STERLNBANK (-6.80%), NEIMETH (+9.09%), CUTIX (+5.64%) Sector Performances: Banking (-1.65%), Consumer Goods (-0.10%), Oil & Gas (-0.45%) Industrial (-0.06%) Market activity: Market turnover is mixed in today’s early trades compared to yesterday level as investors have so […]
Currency Futures Trading Volume wanes as Rates Converge
Culled—Proshare June 21, 2017/Quantitative Financial Analytics The volume of trade in the Nigerian currency futures market has dropped dramatically since the CBN came up with the investor FX rate window and as the various FX rates tend to converge around N370/$. Currently, the NAFEX rate is about N368/$, most of […]
