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Markets Wrap: ASI rebounds 0.02%, overnight lending rate contracts 150bps to...

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TUE, AUG 18 2020-theG&BJournal- The All-Share Index (ASI) rebounded Tuesday by 0.02% to 25,136.49 points after a 0.3% drop to 25,132.67 points on Monday....

Markets Wrap: ASI falls 0.3% to 25,132.67 points, naira sells N385.78/$...

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MON, AUG 17 2020-theG&BJournal- The ASI fell on Monday by 0.3% to 25,132.67 points. Shares of MTNN (-1.0%), DANGCEM (-0.7%), and FLOURMILL (-7.1%) triggered...

Weekly Markets Wrap: Bonds expands 5bps to 7.9%, AIRTEL, NB and...

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SAT, AUG 15 2020-theG&BJournal- For the first time since January, the domestic bourse closed higher for the third successive week, primarily driven by foreign...

Markets Wrap: Equities rebound after a bad start to the week,...

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WED, AUG 12 2020-theG&BJournal- The domestic equities market regained a positive posture today, following buying interest in AIRTELAFRI (+9.2%) and SEPLAT (+10.0%) stocks. The benchmark...

Markets Wraps: Stocks retreat again by 0.6%, Bond yield expands 29bps...

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TUE, AUG 11 2020-theG&BJournal-The domestic bourse sustained losses today, following profit-taking in DANGCEM (-4.1%). The NSE ASI declined by 0.6% to 24,883.70 points –...

Markets Wrap: Market bears feast on banking stocks as ASI dips...

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MON, AUG 10 2020-theG&BJournal- The Nigerian Stock Exchange (NSE) benchmark index declined by 0.1% to 25,027.61 points, the first decline in seven consecutive trading...

EFG Hermes explains volume crash in the Nigerian stock market

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MON, AUG 10 2020-theG&BJournal- EFG Hermes has suggested Financial system distortions are partly to blame (interest rates do not make much sense), and valuations...

Weekly Markets Wrap: Bond average yield expands 71bps to 7.8%, stocks...

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SAT, AUG 08 2020-theG&BJournal-The equities market reacted to better than expected earnings as the All-Share index closed the week 1.4% higher at 25,041.89 points....

Markets Wrap: Interests in MTNN, SEPLAT, banking stocks drive ASI up...

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THUR, AUG 06 2020-theG&BJournal-Positive sentiments continue to pervade the local bourse, as investors’ interests in SEPLAT (+9.0%), MTNN (+0.4%) and some banking stocks drove...

Markets Wrap: Treasury bond trades bearish, equities sustain gains to close...

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WED, AUG 05 2020-theG&BJournal-Trading in the Treasury bond secondary market was bearish, as average yield expanded by 53bps to 7.9%. Across the curve, average...