Investors keep shunning equities on rising Fixed Income market yields

Investors keep shunning equities on rising Fixed Income market yields

Trade volume slides by 42.6%; value contracts 22.9% Investors lose N130bn Experts expects dividend news to temper sell-offs   For the third week in a row, trading on the floor of Nigerian Stock Exchange (NSE) ended in red as investors picked new bride in the Fixed Income market following rising yields. Despite the modest positive start recorded in the market at the beginning of last trading week, the bears waxed stronger and impaired the aggregate value of equity assets at the market by N130 billion loss, dragging the market Cap…

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Mixed sentiments at the FX, fixed income market

Fixed income yield continue to weaken

The Nigeria’s fixed income market closed amidst mixed sentiments on Wednesday as performances vary from the forex to the treasury bills and the bond markets. Foreign Exchange market The CBN official exchange rate closed at N379 to a dollar, while the street market rate closed at N476 to the dollar and at the Importers’ & Exporters’ (I&E) forex market, the naira weakened by 0.17 per cent as the dollar was quoted at N394.67 as against the last close of N394. However, most participants maintained bids of between N385 and N408.84…

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How NSE’s N16.4trn debt market can benefit investors

How NSE’s N16.4trn debt market can benefit investors

The Nigerian Stock Exchange (NSE), the Debt Management Office (DMO) and market analysts have listed some benefits for investors in fixed-income market. In line with its commitment to further enhance the capacity of capital market players across available asset classes, the NSE hosted a two-day webinar on fixed income at the weekend. The webinar, which was held in partnership with the Debt Management Office and CSL Stockbrokers, focused on the dealing member firms and members of the investing public. Speaking at the webinar, Oscar Onyema, the chief executive officer, NSE…

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Trading in NSE’s fixed income segment now attracts fee as 4-year moratorium elapses

CEO Roundtable on Gender Equality

The Nigerians Stock Exchange (NSE) has returned trading fee on assets in fixed income segment of the exchange following the end of free trading mode investors had enjoyed since 2016. The Exchange on Friday announced enhancements to its fixed income securities market segment as well as the associated benefits to trade execution via its platform. According to the bourse, this is in line with its ambition to support Nigeria’s economic growth by providing a liquid, efficient and multi-asset securities exchange hub. In a statement , the management of the Exchange…

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