Rising bond yields expected to add pressure on Nigerian and U.S stock markets
The latest outcome of the Nigerian Treasury Bill auction points towards yield elevation in the short term.
The latest outcome of the Nigerian Treasury Bill auction points towards yield elevation in the short term.
Since January's gains, recent outlook of the Nigerian stock market has not been particularly impressive.
Stock experts anticipate the present bullish run currently playing out at Africa’s best-performing equity market will remain long term.
Nigerian Stock Index YTD performance improved to stand at 13.43%.
NSEASI advanced 2.5% in August outperforming the 0.9% gain in July and the 3.1% loss in June.