Weekly Commentary and Stock Recommendation: 16th October – 20th October 2023
Global Economy Earlier this week, the Office of National Statistics (ONS) released the UK September 2023 Consumer Price Index (CPI) report. According to the report, the CPI rose by 6.7% Year-on-Year (YoY) in September 2023, unchanged from August 2023. Month-on-Month (MoM), CPI rose by 0.5% in September 2023, also unchanged from September 2022. The largest […]
Daily Market Update | 20-10-2023
Daily Market Update (Equities) The Nigerian Equities market closed the week with a performance decline as its benchmark index fell by 0.27% to 66,915.41 points. As a result, its year-to-date (YtD) returns decreased to 30.56% (vs. Yesterday’s YtD: 30.92%). The losses recorded in GEREGU, DANGSUGAR and FLOUR MILLS offset the gains incurred in UBA, ACCESSCORP […]
