15 Nov, 2024
2 mins read

Sell Pressure Drags Nigerian Bourse Lower by N3bn

 2 views,  2 views today Sell Pressure Drags Nigerian Bourse Lower by N3bn Equities investors lose about N3 billion on Monday in the equities segment of the Nigerian Exchange, NGX. The loss sustained was propelled by selloffs in some low cap shares after heavyweight drove an uptick last week. Due to profit-taking activities, the Nigerian Exchange All-Share […]

2 mins read

T-Bills, Bond Yields Track Lower on Sell Pressures

 2 views,  2 views today T-Bills, Bond Yields Track Lower on Sell Pressures The average yields on fixed income securities track lower on Monday amidst sell pressures on debt capital market instruments while the financial market liquidity position improves. In the money market, short-term rates were down after popping high in the past week due to a […]

3 mins read

Dollar Trades Stronger after Fed Hawkish Speech

 2 views,  2 views today Dollar Trades Stronger after Fed Hawkish Speech The United States US dollar trades stronger on Monday, retained much of its Friday Jackson Hole bounce against its major trading partners heading into Monday, heads up to 20 years high amidst inflation rate battle. Recall that Fed Chair Jerome Powell on Friday promised to […]