This edition of the Market Opening Gong gives a wrap-up of activities from the equities, fixed income, and unlisted securities market for Monday, July 25th, 2022. 

From the Highlights:

1. NGX ASI dipped by -1.11% 

2. Investors lost N312.44bn in the equities market

3. FTNCocoa Plc, CAP Plc, and NAHCO Plc  were gainers in the equities market 

4. NSI Market Capitalization was N1.09.58trn

5. FMDQ Group Debt Market Size was N29.16trn 

6. The Brent Crude Oil Price inched up by +6.12% to close at $104.4.

7. According to Proshare, Despite the CBN MPC’s 100bp increase in MPR, capital flows will not increase substantially due to structural issues.

8. Arthur Stevens Asset Management Webinar on the Economy to Hold today

9. Cornerstone Insurance Plc will Hold today