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Proshare Nigeria
October 17, 2017
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Amidst a slightly weaker base from September 2016, September inflation came in flat at 16.0% year-on-year (y/y) – Vetiva: 16.1% y/y, Consensus: 16.0% y/y – despite the Consumer Price Index (CPI) recording the lowest month-on-month (m/m) increase since November 2016.
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October 17, 2017
Equities market closed today on a negative note, as NSE ASI depreciated by -0.81% to close at 36,669.61 basis points as against +0.33% appreciation recorded previously.
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October 17, 2017
As market watchers say, late Friday is the best time to release bad earnings while early Monday is the perfect timing for an impressive result.
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FMDQ Fixings Data (Delayed by 24 Hours)
as at Oct 16, 2017
Tenor Rate (%) Change (%)
O/N 61.5714 Proshare24.70
1M 21.0927 Proshare-0.15
3M 22.2177 Proshare0.62
Tenor Rate (%) Change (%)
1M 19.4409 Proshare-1.25
3M 17.5732 Proshare-0.26
6M 19.2226 Proshare0.12
SPOT RATE ($/N) Change (%)
329.25 Proshare0.00
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September 2017 Headline Inflation – Month-on-Month
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