Daily Market Update | 05-03-2024

Daily Market Update (Equities) Today, the Nigerian equities market closed on a positive note, as the NGX All Share Index (ASI) went up by 0.35% to settle at 99,192.82 points. As a result, the year-to-date (YtD) returns printed at 32.66% (vs. Yesterday’s 32.20% YtD returns). The positive market sentiment was driven by gains in FBNH, […]

Monthly Fixed Income Market Report | February 2024

Monthly Fixed Income Market Report In February, the Nigerian fixed income market experienced a significant increase in yields. The FGN bond market average yield surged by 273bps Month-on-Month (MoM) to close at 17.22%, while the average yields in the Nigerian Treasury Bills market jumped by a significant 775bps MoM to settle at 16.90%. Overall, the […]

Monthly Equities Market Update | February 2024

Global Market Overview: Global Equities Extend Winning Streak in February In February 2024, the global equities market maintained its upward trend, extending its positive performance for the fourth (4th) month in a row. Consequently, the MSCI world Index surged by 4.11% month-on-month (MoM). This positive momentum extended to most of the major global Indices under our […]