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NASD OTC Market CAP Decreased By 2.25% To Close At N539.23bn

Culled—Proshare March 22, 2019/NASD Plc  Market Activities For Week 12 Market Summary As at close of trade week on 22 March 2019, market Capitalisation increased to ₦539.23 billion from last week’s previous ₦527.38 billion, which shows a 2.25% increase in Capitalisation. Also the USI for the week ending 22 March 2019 recorded an increase from 734.06 points to 750.56 points. Trade Summary Market in Numbers […]

Weak German Data, UST Curve Inversion Weigh on EM Risk Assets

Culled—Proshare March 22, 2019/Zedcrest Capital ***U.S. Treasury Yield Curve Inverts for First Time since 2007*** KEY INDICATORS Indicator Value Commentary Inflation 11.31% As at March 15, 2019. A c.6bps decline from 11.37% recorded in January 2019 MPR 14.00% Left Unchanged for the 15th Consecutive Time at the Jan. 22, 2019 […]

MPC Meeting: Temporary Price Stability; Justification for a Cut in Rates?

Culled—Proshare March 22, 2019/FSDH Recent data on inflation rate, exchange rate and interest rate on fixed income securities in Nigeria have shown temporary improvement. This may mean things are looking up in Nigeria. Therefore, the temporary stability in key indicators from January 2019 till 21 March 2019 may support an […]