Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

NGX Loses N601bn as Investors Eye Fixed Income Market The equities market lost more than N601 billion over the five days trading session on the floor of the Nigerian Exchange, according to data from the local bourse. Last week, bearish run from the previous week overrun trading activities, dragging key performance indicators lower. Stockbrokers hint that investors riding highs and lows in the equities market are pulling out funds into the fixed income segment following higher yields on naira assets. The exit of funds hit back at the trading patterns in the Nigerian Exchange as the All-share index (NGX-ASI) dipped…

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