Tag: parallel market
Markets Wrap: Insurance, banking and consumer goods indices fall as ASI...
…Overnight lending rate expands by 50bps to 15.3%
WED 28 APRIL, 2021-theGBJournal-Mixed sentiments persisted in the local bourse, as sell-off of large cap DANGCEM (-7.3%)...
FX WATCH: FX reserves down US$131.97 million w/w to US$35.12 billion,...
SAT 24 APRIL, 2021-theGBJournal- Nigeria’s FX reserves recorded its first decline in five weeks, as it fell by USD131.97 million w/w to USD35.12 billion...
Markets Wrap: Bargain buying in GTB, MTNN lift pressure on...
MON 19 APRIL, 2021-theGBJournal- The domestic equities market opened the week with positive trading, following bargain buying in GUARANTY (+1.2%) and MTNN (+0.2%) stocks....
FX WATCH: FX reserves records another week of accretion, grows by...
SAT 17 APRIL, 2021-theGBJournal-Nigeria’s FX reserves recorded another accretion this week, as it grew by USD163.58 million w/w to USD35.20 billion (14th April 2021).
The...
Markets Wrap: All-Share index slips by 0.4%, average yield expands at...
…Naira depreciats at I&E window by 0.2%
MON 12 APRIL, 2021-theGBJournal- The All-Share index fell by 0.4% to 38,712.55 points on Monday as muted trading...
FX WATCH: Nigeria sees improvement in inflows as FX reserves grow...
SAT 10 APRIL, 2021-theGBJournal- Nigeria’s FX reserves grew by USD131.61 million w/w to USD34.98 billion (7th April 2021) as inflows outstripped outflows.
The naira appreciated...
MARKETS WRAP: Local bourse rise modestly after late interest in MTNN...
Treasury bond expands by 13bps to 10.0%
WED 07 APIRL, 2021-theGBJournal-The local bourse eked out a marginal gain (+2bps to close at 38,774.03 points) in...
MARKETS BRIEF: Treasury bonds fall by 4bps to 7.9% to start...
MON 01 FEB, 2021-theGBJournal- The Treasury bonds secondary market opened the month with bullish trading, as average yield declined by 4bps to 7.9%. Across...
Bears feast on treasury bonds as average yield expanded by 6bps...
THUR 28 JAN, 2021-theGBJournal- The Treasury bonds secondary market maintained its bearish stance, as average yield expanded by 6bps to 7.4%. Across the curve,...
MARKETS BRIEF: Treasury bonds average yield expands by 19bps to 6.8%...
THUR 21 JAN, 2021-theGBJournal- The Treasury bonds secondary market was bearish in today’s session, as average yield expanded by 19bps to 6.8%. Across the...
