Tag: naira
Markets Wrap| Domestic equities market still bugged by profit-taking activities, T-Bills...
THUR 03 MARCH, 2022-theGBJournal- Profit-taking activities continued today in the domestic equities market with GTCO (-1.1%), ZENITHBANK (-0.9%), INTBREW (-4.9%), and GUINNESS (-4.4%) stocks...
NGX All-Share Index falls back 0.3% after bullish start to the...
WED 02 MARCH, 2022-theGBJournal- The domestic bourse reversed yesterday’s gains and traded negatively as late profit-taking activities witnessed in WAPCO (-7.7%) undermined the market’s...
Markets Wrap| Nigerian equities start March higher, T-bills trade bearish, bond...
TUE 01 MARCH, 2022-theGBJournal- The Nigerian equities market closed higher for the second consecutive session, as investors’ interest in SEPLAT (+10.0%) and MTNN (+1.0%)...
Markets Wrap| NGX gains 0.1%, Treasury bills yield pars by 2bps...
MON 28 FEB, 2022-theGBJournal- Trading in the domestic equities market opened the week with a bullish performance as bargain buying activities on ETI (+5.3%),...
Fx Watch| Nigeria’s FX reserves closed higher by $40.68 million w/w...
SAT 26 FEB, 2022-theGBJournal- After sixteen consecutive weeks of decline, Nigeria’s FX reserves closed higher by USD40.68 million w/w to USD39.84 billion (23rd February...
Markets Wrap| T-bills yield expands 7bps to 3.7%, naira drops 0.1%...
THUR 24 FEB, 2022-theGBJournal-Trading in the NTB secondary market was bearish, as the average yield expanded by 7bps to 3.7%. At yesterday’s NTB auction,...
Markets Wrap| Equities year-to-date gain moderates to +10.5% as market turned...
WED 23 FEB, 2022-theGBJournal- Sentiments in the domestic bourse turned negative, as late profit-taking activities witnessed in DANGSUGAR (-5.3%) and GTCO (-1.1%) caused a...
Markets Wrap| Year-to-Date returns at NGX rises +10.6% after positive start...
MON 21 FEB, 2022-theGBJournal- The domestic bourse kicked off the week on a positive note supported by investors' demand for INTBREW (+6.7%) and GUINNESS...
Fx Watch| Nigeria’s FX reserves sustains drop, closes $72.14m w/w down...
SAT 19 FEB, 2022-theGBJournal- Nigeria’s FX reserves sustained its descent as it closed lower by USD72.14 million w/w, to USD39.78 billion (15th February 2022)....
Markets Wrap| T-Bills average yield settles at 4.1% after bullish trading,...
THUR 17 FEB, 2022-theGBJournal - The overnight lending rate contracted by 28bps to 1.0% in the absence of any significant funding pressure on the...
