…Moderating T-Bills, inflation, H1 scorecards fuel decisions on NGX
Nigeria’s stock market furthered its northward movement as recently released inflation points to possible rate cut at the Monetary Policy Committee (MPC) next week.
The stock market is also bullish as investors continue to reroute funds from the fixed income (FI) market. Particularly, moderating rate of the treasury bills (T-bills) is making investors rethink in favour of equities.