By Zedcap Partners Limited FGN Bonds The bears dominated the FGN bond market opening the week as traders remained aggressively offered across the curve with very few bids to match. The weak appetite for FGN bonds despite the scarcity of short-term instruments can be attributed to the uncertainty surrounding monetary policy, which […]
By Financescape Mixed sentiments continued to trail the Nigerian domestic equities market today as the NSE All-share index depreciated by – 0.05% to closed at 38,704.97 basis point, Market capitalization closed at N20,250 trillion, Total of 410,386,365.00 Shares was traded in 3,937 deals valued at N5,984,629,207.98 Year-to-Date (YTD) returns currently stands at -3.89%. […]
By Financescape The Nigeria Stock Exchange opened the week on a bullish note as the Nigerian Stock Exchange All Share Index gained 0.89% to stand at 38,722.87bps. This positive trend pushed the market capitalization to N20.260tn as investors earn N178bn. Year-to-Date (YTD) returns currently stand at -3.80%. Share on: WhatsApp
By Zedcrest Partners ltd FGN Bonds The Bond Market opened on a mixed note, with pockets of demand skewed on select maturities (2021s, 2027s & 2049s) following inflows of c.N65bn in FGN coupons credited today. Overall, yields on the benchmark curve expanded in anticipation of supply from the FGN Bond auction […]
By Financescape The Nigeria Stock Exchange close on a positive note, as the All-share index closed at 29,710.56 basis point or gained +0.31%, Market capitalization closed at N15.303 trillion. Total of 266,947,980.00 Shares were traded in 5,052.00 deals valued at N4,184,017,960.97. Year-to-Date (YTD) returns currently stands at +10.69%. Share on: WhatsApp
By Zedcrest Partners ltd Bonds The Bond market opened the week on an active note, with bullish sentiments supported by investor demand following the CBN’s directive on OMO Bills as well as coupon payments of c.N41bn credited today. Yields dropped by an average of c.12bps across the benchmark yield curve, with the most […]
By Financescape In compliance with the post-listing requirements of the Nigerian Stock Exchange for quoted companies, many companies have declared dates for a Board meeting to consider Accounts and Financial Statements for the Third Quarter ended September 30, 2019, and the commencement of the closed period for trading on their shares. […]
Zedcrest Partners Ltd Bonds The FGN Bond market continued on a quiet note for the second consecutive trading session. We noticed slightly improved offers from market participants across most securities but very little volumes passed. Yields consequently remained unchanged on the average across the benchmark yield curve. We maintain a cautious […]
By Financescape The negative investor sentiment persists today in the Nigerian equities market, the All-share index depreciated by -0.84% to close at 27,085.69 basis point, Market capitalization closed at N13.185 trillion, Total of 151,197,747 Shares was traded in 2,895 deals valued at N2,521,448,950.47 Year-to-Date (YTD) returns currently stands at -13.89%. Share on: […]
By Financescape The Nigerian equities market closed on a negative note, as the All-share index dip by -1.14% to close at 27,314.87 basis point, Market capitalization closed at N13.296 trillion, Total of 175,779,905 Shares was traded in 3,539 deals valued at N2,568,883,638.74 Year-to-Date (YTD) returns currently stands at -13.09%. Share on: […]
By Hamisu B. S UNITED BANK FOR AFRICA PLC has announced that the meeting of the Board of Directors of the company will be held on Friday, October 18, 2019, one of the matters scheduled for consideration is the Group Unaudited Accounts and Financial Statements for the Third Quarter ended September 30, […]
By Financecsape In a notice released by the Nigeria Stock Exchange, UACN Property Development Company Plc has through its Stockbroker, Stanbic IBTC Stockbrokers Limited submitted an application to The Nigerian Stock Exchange for the approval and listing of a Rights Issue of Fifteen Billion, Nine Hundred and Sixty One Million, Five Hundred […]
