This edition of the Market Opening Gong gives a wrap-up of activities from the equities, fixed income, and unlisted securities market for Tuesday, July 26th, 2022.
From the Highlights:
1. NGX ASI dipped by -1.86%
2. Investors lost N516.69bn in the equities market
3. Livestock Plc, Sterling Bank, and FBN Holding were gainers in the equities market
4. NSI Market Capitalization was N1.021.28trn
5. FMDQ Group Debt Market Size was N29.16trn
6. The Brent Crude Oil Price moved up by +4.80% to close at $105.00.
7. IMF warns downside risks from high global inflation and the Ukraine war could lead to recession