June 12, 2017/InvestmentOne Research Please click to download the Market Report for Monday 12th June 2017 EQUITIES: Following the profit taking in NESLTE (-92pts), INTBREW (-27pts) and FBNH(-26pts) which more than offset the gains in ACCESS (+30pts), PZ (+24pts) and NB (+23pts), the equities market closed down -0.12% to end at […]
Updates
May 2017 Headline Inflation to decline sharply to 16.1%
Culled—Proshare June 12, 2017/FDC Our forecast for headline inflation in May is likely to confound many. This is because a decline of over 100bps to 16.1% may not reflect the price reality. With that said, the anticipated decline in inflation in the month of May can be justified through the […]
Market Forces May Drive Down Interest Rate
Culled—Proshare June 12, 2017/FSDH Research Our review of recent macroeconomic indicators and financial developments in Nigeria suggests that market forces may soon drive down interest rates and yields on fixed income securities. The yield on the 364-Day Nigerian Treasury Bills (NTBs) has been on the increase since January 2016. This […]
