Weekly Commentary and Stock Recommendation: 31st July – 4th August 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 Bureau of Labor Statistics released its Jobs report for July 2023, noting that the US added fewer […]

Daily Market Update | 04-08-2023

Daily Market Update (Equities) The Nigerian Equities market closed the week negative as its benchmark index fell by 0.10% to 65,198.08 points. Consequently, its Year-to-Date return printed at 27.21% (Yesterday: 27.34%). Gains in Dangote Sugar, Zenith and Nigerian Breweries were significantly countered by losses in MTNN, Access and FCMB. Today, FBNH traded the highest in […]