; NIBOR Falls amid Liquidity Ease…
Thank you for reading this post, don't forget to subscribe!On the back of renewed investor appetite, the Nigerian Stock Market appreciated today by 0.70% with gainers exceeding losers – 24 against 11.
Top leaders were shares of Dangote Cement Plc, Mobil Oil Plc (11 Plc) and Guaranty Trust Bank lifting NSE Industrial, NSE Oil/Gas and NSE
Banking sectors by 1.65%, 1.50% and 0.48% respectively.
Thus, year to date loss of the All Share Index slowed to 19.40%. Elsewhere, NIBOR fell for all tenor buckets amid liquidity ease as did NITTY for most maturities amid buy pressure.
In the bond market, OTC FGN bond prices fell for most maturities tracked amid sustained sell pressure as did FGN Eurobond prices on sustained bearish activity.
TENOR NIBORas@18/12/2018 NIBORas