What To Expect From The Markets This Week - 080719


Saturday, July 06, 2019 08:00 AM / Proshare Content

Nigeria: Economic Dashboard @ 050719  


Proshare Nigeria Pvt. Ltd.




Editor’s Pick 


Source: Vetiva Fixed Income Report– July 05, 2019

Market Commentary
System liquidity improved to 583 billion. Consequently, the Interbank Call rated moderated 85bps to 3.86%.
In the T-bills space, trading remained positive, with average yield declining 6bps, as demand was observed at the mid-to-long end of the curve. Most notably, yield on the 328DTM bill moderated 27bps to settle at 12.98%. For the week, average yield declined 24bps. Meanwhile, as expected, activity in the bond space turned bullish, with average yields on benchmark bonds declining 6bps d/d and 27bps w/w. Remarkably, the yield on the 12.40% FGN MAR 2026 bond declined 37bps to settle at 14.20% today.
Market Outlook
With liquidity remaining at healthy levels, we expect demand in the T-bills space to remain healthy at the start of next week. Meanwhile, in the bond space, we expect investors to continue to favour longer-dated bonds.


Proshare Nigeria Pvt. Ltd.




Tuesday, July 09, 2019

The Digital PayExpo 2019 will hold on this day at Eko Hotels & Suites, Lagos, while Fidelity Bank Plc will on the same day feature Mr. Olufemi Awoyemi, Founder/Chairman, Proshare during its Fidelity SME Forum Radio Program.



Wednesday, July 10, 2019

Omoluabi Mortgage Bank Plc will on this day hold its Annual General Meeting at  Aurora conference & Event Centre, Osogbo, Osun State while the National Bureau of Statistics will on the same day release the 2018/19 Socio-Economic Survey.


Meristem Securities Limited will on this day hold a training on Understanding Financial Market while the Certificate In Entrepreneurial Management (CEM) Training will hold on the same day in Lagos.


The Nigerian Economic Summit Group rebranding will take place on this day in Ikoyi, Lagos.



Thursday, July 11, 2019

The Fintech Institute of Nigeria will on this day hold a training on Cybersecurity Fundamentals: Winning the Cyberwar before it Starts at Victoria Island, Lagos Bankers House, Adeola Hopewell Street, while the Mega Clima Africa Hvac Expo will hold on the same day at Landmark Centre, Lagos, Nigeria.


Trans-Nationawide Express Plc will on this day hold its Annual General Meeting at Airport Hotel, Obafemi Awolowo Way, Ikeja, Lagos, while Secure Electronic Technology Plc will on the same day hold its Annual General Meeting at Events Warehouse, Plot CDE Industrial Crescent, Ilupeju, Lagos.


The LSEG Companies to Inspire Africa 2017/2019 Lagos Launch will hold on this day at Four Point by Sheraton, Victoria Island Lagos, while the Chartered Institute of Arbitrators Nigeria Branch Abuja Chapter will on the same day hold a Mini Lecture Series at JICAM centre, Garki 2, Abuja.



Friday, July 12, 2019

The Customer Experience (Cx) West Africa Summit will hold on this day with the theme the Transformational power of Customer Experience Management (CEM) in Business Growth at Lekki, Lagos Lilygate Hotel.




Proshare Nigeria Pvt. Ltd.


Check out our Events Calendar for event details and follow us on Web, TV, APP and Social Media for updates as the week unfolds. Yours to Serve!



Proshare Nigeria Pvt. Ltd.


Contact for Details:

For further information, enquiry or submission of information, kindly email market@proshareng.com and research@proshareng.com Tel: 0700PROSHARE (070077674273). Call us NOW!



Latest Reports This Past Week

1.      NIPOST Generates N7.05bn As Revenue in 2018 - NBS

2.      Average Fare Paid For Bus Journey Within City Decreased By -2.74% MoM to N176.28 in May 2019 - NBS

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd. 




Latest Videos This Past Week

Proshare Nigeria Pvt. Ltd. Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.




View More Economy, Business, Finance, Investment, Creative Art Videos from WebTV Here 



Previous Week(s) Market Outlook

1.      What To Expect From The Markets This Week - 240619

2.     What To Expect From The Markets This Week - 100619

3.     What To Expect From The Markets This Week - 030619 

4.     What To Expect From The Markets This Week - 270519

5.     What To Expect From The Markets This Week - 010719

Proshare Nigeria Pvt. Ltd.


Related News

1.      NSEASI Dips By -0.26% As Sell Pressure Perseveres Amid Positive Market Breadth

2.     Investors Lose N8.77bn As Market Maintains Negative Posture; NSEASI Dips By -0.07%

3.     NSEASI Dips Further By -0.74% As Market Sentiment Remains Negative

4.     Investors Lose N155.23bn As Market Opens The Week Negative; NSEASI Dips By -5.78% YTD

Proshare Nigeria Pvt. Ltd. 

Read More - The Monthly Proshare CONFIDENTIAL   

1.       MTN Listing: Price Momentum Breaks on Rise In Traded Stocks; Proshare Writes Memo to Market

2.      Budget 2019: The Hidden Monsters

3.      Surviving Uncertain Times in the Nigerian Financial Market

4.      The Rich, The Poor and Buharinomics

5.      Nigerian Banks’ Performance – H1 2018

6.      AMCON and Financial Services Debt Burden in Nigeria

7.      Poverty Tracker and Nigeria: Raising The Red Flag

8.     POCKET Economics: Addressing Income Inequality

9.      The Silent Drug Epidemic: A Gathering Storm

10.  Judging IMF’s Position on Development Indices

11.   Money Market: The Folk Road

12.  The Headache of Missing Targets

13.  2018 Outlook on the Nigerian Economy: The Need for an Even Keel

14.  Nigeria External Economy and the White Noise of Import Dependency

15.   States and the Rising Weight of Debt

16.  Money Supply: Reeling from Policy Response

17.   How Rail and Energy Will Deliver a Robust Economy for Nigeria

18.  Too Big Government: The Hysteria of Developmental Quagmire

19.  The Nigerian Debt Conundrum and the Need for Automatic Stabilizers 


    Related News