Weekly Commentary and Stock Recommendation: 24th July – 28th July 2023
This is a brief summary of the economic events that occurred this week in the global and domestic space. This report also provides investment strategies for investors in the coming week. Global Economy Earlier this week, the US Federal Reserve (Fed) announced a hike in its benchmark rate for the 11th time since its hiking […]
Daily Market Update | 28-07-2023
Daily Market Update (Equities) The Nigerian Equities market continued its negative run for the third consecutive time this week as its benchmark index fell by 0.65% to 65,056.39 points. Consequently, its Year-to-Date return printed at 26.94% (Yesterday: 27.77%). Gains in NASCON, TRANSCORP and Union Bank were significantly countered by losses in MTNN, FBNH and Nigerian […]