August 20, 2024/Coronation Research Summary Opening market liquidity was reported at N32.9bn on Friday (16, Aug ‘24). Call, overnight, and repo rates closed within the range of 7.6% – 32.9%, as rates in the money market moderated. Last week, the average NTB yield decreased by -86bps to close at 24.9% […]
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NGXASI Gains +0.12%, Buoyed by OANDO, STANBIC, SEPLAT
August 20, 2024/InvestmentOne Report The NGXASI advanced today by 0.12% to close at 95,895.92pts as gains in OANDO (+9.90%), STANBIC (+6.74%) and SEPLAT (+1.28%) drove the domestic equities market into the green zone. In the fixed income space, the Treasury Bills secondary market closed positive as we observed buy pressure across all […]
Bulls Resurface as Nigerian Equities Close +0.1%, Driven by OANDO, STANBIC
August 20, 2024/Cordros Report EQUITIES The local bourse ended today’s session on a positive note as gains in OANDO (+9.9%), and STANBIC (+6.7%) drove the ASI higher by 0.1% to close at 95,895.92 points. Consequently, the MTD and YTD returns printed -1.9% and +28.3%, respectively. The total trading volume declined […]
