Tag: NAFEM
Markets Wrap| NGX Benchmark Index closes 0.1% lower on selloffs, bonds...
...The total trading volume declined by 16.3% to 280.92 million units, valued at NGN3.63 billion, and exchanged in 8,403 deals.
...Sentiments in the Treasury bills...
Fx reserves eke weekly gain on receipt of first tranche of...
...The naira wobbled further by 2.1% w/w to NGN1,596.92/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM )
...Total turnover at the NAFEM as of...
Naira falls 0.3% w/w with inflows into NAFEM at six months...
...Based on the data obtained from FMDQ, total inflows into the Nigerian Autonomous Foreign Exchange Market (NAFEM) declined to a six-month low in June
...The...
NGX benchmark index closes lower as investors take profit; Naira dips...
...Sectoral performance was broadly negative, as the Insurance (-1.2%), Consumer Goods (-0.1%), and Banking (-0.1%) indices posted losses
...The total volume of trades decreased by...
Demand pressure pushes Naira down by 0.2% to N1,485.53/US$ as Nigeria’s...
...In the forwards market, the naira rate decreased at the 1-month (-0.4% to N1,506.13/USD), 3-month (-0.1% to N1,550.10/USD), 6-month (-0.2% to N1,620.54/USD) and 1-year...
NGX All-Share Index declines 0.2% as investors sell off FBNH, SEPLAT...
MON JUNE 03 2024-theGBJournal| Trading in the domestic stock market began the week on a negative note as investors sold off FBNH (-4.7%), SEPLAT...
As the CBN sustained its intervention the Naira fell 0.2% at...
SAT JUNE 01 2024-theGBJournal|The naira appreciated to a month high of N1,173/USD on 28 May before closing the week at N1,485.99/USD (-0.2% w/w) at...
NGX All-Share Index sustains winning streak, gains 0.4% to close at...
WED MAY 29 2024-theGBJournal|The Nigerian equities market maintained its winning streak in Wednesday’s session underpinned by investors’ demand for DANGSUGAR (+9.6%), FBNH (+5.0%), ZENITHBANK...
Analysis| Naira exchange rate dynamics and the theoretical fair values
...We think that a range of theoretical fair values falls between N740.2/US$1 and N852.7/US$1, compared with the current N1,482.8/US$1
TUE MAY 28 2024-theGBJournal| For the...
NESTLE gains +9.8% as NGX All-Share Index climbs to 98,285.33 points;...
TUE MAY 21 2024-theGBJournal|The Nigerian equities market extended yesterday’s gains as demand for NESTLE (+9.8%) drove the benchmark index 0.1% higher.
Specifically, the All-Share Index...
