Banks’ Q3 Earnings, Inflation Data, MPC Outcome May Decide NGSE Slant This Week

Market Update for the Week Ended November 13 and Outlook for Nov 16-20 By Investdata Analysts The nation’s stock market last week went on fire following a surge in demand for equities after money market rates crashed lower, triggering further inflow of funds into fundamentally sound stocks that pushed the benchmark index higher on a huge traded volume and positive sentiments. This was helped by the continued crash in Treasury Bills rate to 0.30% at the midweek, despite being oversubscribed, which pushed funds into equities on Thursday making the week…

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