What To Expect From The Markets This Week - 270818

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Saturday, August 25, 2018 08:00 AM / Proshare Content


Nigeria: Economic Dashboard @ 240818 

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From the Editor’s Desk  

Recently, the National Bureau of Statistics published the Q2 2018 Capital Importation Report.  According to the report, Foreign direct investment rose from $246 million in the first  quarter  of 2018 to $261million  at the end of second  quarter of 2018, reflecting a 5.97% uptick  in  foreign  direct investment streamed largely  from  a  3.69% growth  in equity.

 

Portfolio investment fell from $4.565 billion in the first quarter of 2018 to $4.11 billion   at end of the second quarter of 2018.  The decline in foreign portfolio investment was largely due to a 24.48% drop in money market instrument. Thus, money market instrument stood at $2.67 billion in Q2 2018, making it 48% of total capital importation and 64% of total foreign portfolio investment.

 

Holistically, capital  importation  at the of the  second quarter slipped  by  12.53% from  $6.3 billion in  the first quarter of 2018 to $5.13 billion.

 

Fig. 1: Capital importation

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     Source: NBS

 

In the week ahead, the Bureau will publish the National  Account   for  the second  quarter of 2018, the relatively lag in fiscal spending  and  rising  supply  shocks  to  the  agricultural sector still leaves the national account  in a position of slack. 

          

 

News Post:  Total Value of Capital Importation into Nigeria Stood at $5,513.55m in Q2 2018 - NBS

 

Download the Full Report HERE    

 

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Sunday, August 26, 2018

The Nigerian Bar Association will this day hold its 58th Annual General Conference themed “Transition, Transformation and Sustainable Institution” in Abuja. 

 

Monday, August 27, 2018

The National Bureau of Statistics (NBS) will this day release the Nigerian Gross Domestic Product by Output Report for Q2 2018.

 

The International Telecommunication Union will this day hold a Human Capacity Building Workshop titled “Strengthening capacities in Internet governance in Africa” in Abuja, while the FoodBext West Africa & F&B Conferences holds in Lagos.

 

Tuesday, August 28, 2018

The National Bureau of Statistics (NBS) will this day release the Road Transport Data for Q2 2018, while Linkage Assurance Plc holds its Annual General Meeting in Lagos.

 

Japan’s BOJ CPI (YoY) Report will be released this day, just as the United States releases its July 2018 Trade Balance Report and France its August 2018 Consumer Confidence Report.

 

 

Wednesday, August 29, 2018

Stanbic IBTC Holdings Plc will be marked down this day by the NSE having declared an interim dividend of N1.00 in the preceding week.

 

The Nigeria International Women Exhibition 2018 will hold this day in Lagos with the theme “Giant Stride for Women Entrepreneurs”, just as the 2018 Edition of the Nigerian International Print Expo holds.

 

Japan’s Household Confidence Report for August 2018 will be released this day, just as the United States releases its GDP Price Index Q2, 2018 Report.

 

 

Thursday, August 30, 2018

Smart Products Nigeria Plc, Learn Africa Plc, Red Star Express Plc, Flour Mills of Nigeria Plc and e-Tranzact International Plc will this day hold their Annual General Meeting in Lagos.

 

DCSL Corporate Services Limited’s Board Effectiveness Masterclass will hold this day with the theme Strategic Leadership - The Role of the Board”, while the Nigerian American Chambers of Commerce (NACC)’s and the Nigerian South African Chamber of Commerce (NSACC) Breakfast Meeting holds on the same day.

 

The LBS Alumni Session on Corporate Governance will hold this day just as the 5th Lagos Public Relations Stakeholders Conference, the Invest in Africa World Summit & Expo and the Bank Customer Association of Nigeria (BCAN)’s 3rd Biennial Bank Customers’ Summit holds in Lagos on the same day.

 

Germany’s Import Price Index (MoM) for July 2018 and its Unemployment Rate for August 2018, will be released this day, while the Canadian GDP (QoQ) Q2, 2018 and Japan’s Unemployment Rate for July 2018 will be released on the same day.

 

 

Friday 31st August 2018

The Lagos State Employment Trust Fund, will this day hold a Free Marketing training designed for SMEs and Entrepreneur.

 

 

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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! 

 

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Contact for Details:

For further information, enquiry or submission of information, kindly email market@proshareng.com and research@proshareng.com Tel: 0700PROSHARE (070077674273). We are waiting to hear from you!

 

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Latest Reports This Past Week

1. Memo To The Market – The NSE, Oscar Onyema Foundation And Corporate Governance

2.     The July 2018 Edition of the Proshare Confidential Report - Proshare

3.     The July 2018 Nigerian Capital Market Service Report - Proshare

4.     Q2 2018 Capital Importation Report - NBS

 

   

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Latest Videos This Past Week

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Previous Week(s) Market Outlook 

1.      What To Expect From The Markets This Week - 200818

2.     What To Expect From The Markets This Week - 130818

3.     What To Expect From The Markets This Week - 060818

4.     What To Expect From The Markets This Week - 300718

 

 

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4.      Weekly Economic and Financial Commentary – WE 24th August, 2018

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2.           Poverty Tracker and Nigeria: Raising The Red Flag

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