Mixed session ahead, as investors bet on MPC outcome, full-year earnings

Mixed session ahead, as investors bet on MPC outcome, full-year earnings   By Investdata Analysts   Profit taking on the Nigerian Stock Exchange continued Tuesday, in the midst of volatility and selling sentiment, as traders cashed out profit from the recent rally, amidst permutations as to options open to members of the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) when they meet for the first time this year, next week. This is just as there are talks around what to expect from various sectors and companies as they…

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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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