Assessing market trends 6 months after the election
The government is not back-tracking on its reforms. Measures to soften the impact of reforms are being rolled out…
The government is not back-tracking on its reforms. Measures to soften the impact of reforms are being rolled out…
Meanwhile the price of Brent crude, the price of which barely changed between 1 January and 31 July, has gained 11.40% over the past two months.
The fact that yields have risen over time suggests that investors view these bonds as riskier than when they were issued.
Why is the equity market so strong? Inflation is rising, the consumer is facing a crisis, and the economic outlook is unsettled.
The sophisticated trades between Airtel Africa’s NGX Exchange listing and its London listing point to convergence.