February 13. 2025/Cordros Report EQUITIES The domestic equities market sustained its bullish momentum for the third consecutive session this week, driven by gains in DANGCEM (+10.0%), ETI (+8.1%) and GTCO (+0.8%). As a result, the All-Share Index increased by 1.3% to close at 109,172.88 points, with the Month-to-Date and Year-to-Date […]
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Rising Rates May Trigger Financial Instability, Complicating Fight Against Inflation
(Credit: Klaas Jan Schraa/iStock by Getty Images) February 13, 2025/IMFBlog By Katharina Bergant, Mai Hakamada, Divya Kirti, and Rui C. Mano Before the pandemic, investors worried about how persistently low inflation and interest rates would crimp bank profits. Paradoxically, they also worried about bank profitability when post-COVID reopening sent inflation […]
NGXASI Sustain Bullish Run +1.25%, Driven by Bellwether Counters
February 13, 2025/InvestmentOne Report The NGXASI boosted by 1.25% today to close at 109,171.82pts, as gains witnessed in DANGCEM (+10.00%), ETI (+8.12%) and GTCO (+0.79%) drove the local bourse into the positive zone. In the fixed income space, the Treasury Bills secondary market closed positive as yields had declined across all tenors […]
