This edition of the Market Opening Gong gives a wrap-up of activities from the equities, fixed income, and unlisted securities market for Thursday, July 28th, 2022.
From the Highlights:
1. NGX ASI dipped by -1.04%
2. Investors lost N136.88bn in the equities market
3. UPDC REIT, RT Briscoe, and Chams Plc were gainers in the equities market
4. NSI Market Capitalization was N1.030.01trn
5. FMDQ Group Debt Market Size was N29.16trn
6. The Brent Crude Oil Price moved up by + 5.83% to close at $107.6.
7. US Federal Reserve voted to increase monetary policy rate by 75 basis points
8. Governor Babajide Sanwoolu launched the Eko Gold Coin, at the Lagos Commodities and Futures Exchange