Equity and Fixed Income update   

08 April 2019

Equity: The Nigerian equity market closed the first week of Q2’19 in the red losing 459bps w/w (vs -31bps in the last week of Q1'19). Whilst investor apathy in the Nigerian market has persisted in recent sessions, analysts expect to see players bargain on appealing price marks across the board this week. 

Fixed Income: In line with recent trend, analysts do not foresee an OMO auction today and expect buy interest in the T-bills market. Similarly, driven by attractive bond yields, analysts anticipate continued demand in the bond market, albeit milder. 

Reporting for EasyKobo on Monday , 08 April 2019 in Lagos, Nigeria

Source: Vetiva Capital Management Limited

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