The financial services industry dominated in volume terms at the end of last week's transactions on the equities sector of the Nigerian Exchange Limited .The financial services industry dominated in volume terms at the end of last week’s transactions on the equities sector of the Nigerian Exchange Limited .
Trading in the top three equities namely Guaranty Trust Holdings Company Plc, Veritas Kapital Assurance Plc and Japaul Gold & Ventures Plc accounted for 674.2 million shares worth N16,055 billion in 3,977 deals, contributing 33.2 per cent to the total equity turnover volume. “Furthermore, we believe the developments in the macroeconomic landscape and corporate actions of the upcoming earnings season will influence investors’ sentiments over the near term.”
The exchange said the WoW increase in FX Derivatives turnover was solely driven by the 140.8 per cent increase in FX Forwards turnover, whilst there was a continued lack of activity in both the exchange-traded FX futures and cleared naira-settled non-deliverable-forwards-markets.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.
The Nigerian Social Insurance Trust Fund has announced its intention to extend insurance coverage to National Youth Service Corps members as part of an ambitious plan to enhance its operations and broaden its impact. Speaking at a retreat organised for the Senate and House Committees on Labour and Employment in Lagos at the…
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