Breakfast Connect

Market Updates - 6th March, 2017


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Nigerian Equities market closed today on a positive note, as NSE ASI appreciated by 0.73% to close at 25,012.08 basis points, as against 1.40% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -6.93%. Rand weaker on increased certainty of imminent US rate increase. Oil falls amid doubt about Russia’s compliance with output cut. Gold steady amid tension over North Korea’s missile firing. The JSE was dragged lower by gold and platinum stocks on Friday as they retreated on the stronger dollar; the rand was firmer, in line with its emerging market. Oil edges higher on weaker dollar after sell-off. In Nigerian, Banks, customers spot forex weekly transactions rise to $508.70m
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Breakfast ConnectBy Africa Business Radio