Browsing: Investors

Equities investors combined wealth rose by N152 billion as bargain hunting lifted the Nigerian Exchange (NGX) All Share Index. On Thursday, the equities market sustained its positive momentum as key performance indicators rose by 0.25% apiece.

A slew of equity analysts have become neutral on Wema Bank Plc shares due to slim upside potentials. Wema Bank Plc share price settled at N8.85, trading at more than 29% discount to its 52-week in the equities market on Friday.

PZ Cussons Value Drops by 12% as Investors Moods Swing Sell pressures on PZ Cussons knocked off about 12%, or…

Eunisell Interlinked Plc skyrocketed by about 61% as investors kept taking positions in the technology services company. From N11.99 at the start of the week, the market price of Eunisell Interlinked shares increased to N19.27 on the Nigerian Exchange.

GCR Revises Outlook on MyCredit to Stable, Affirms Rating MyCredit Investments Limited’s national scale long and short term issuer ratings…

Investors who bought 364-day tenored Treasury bills at the Central Bank of Nigeria’s (CBN) primary market auction received a 50 basis point increase in the spot rate.

Treasury Bills Yield Eased to 24.29% Ahead of Auction The average yield on Nigerian Treasury bills decreased moderately due to…

Nigerian Exchange Enlarges as Investors Gain N295bn The Nigerian Exchange (NGX) market capitalisation expanded as investors that traded highs and…

Money market rates climbed further over a depressed funding profile in the banking system. Due to the absence of significant inflows from maturing instruments, the money market liquidity level closed on negative territory again on Thursday.

U.S Dollar Rises as Jerome Powell Plans No Resignation The US dollar rose against its major trading partners except for…