Weekly Commentary and Stock Recommendation: 4th December – 8th December 2023
Global Economy Eurostat published the EU’s Q3 GDP for 2023 earlier this week. The data indicates that, in comparison to Q2:2023, seasonally adjusted GDP in the euro area fell by 0.1% QoQ in Q3:2023 and stayed steady in the EU. The GDP of the EU and the euro area grew by 0.1% QoQ in Q2:2023. […]
Daily Market Update | 08-12-2023
Daily Market Update (Equities) The Nigerian equities market closed positive today as its benchmark index, the NGX All Share Index (ASI), rose by 0.12% to reach 71,541.74 points. Consequently, its Year-to-Date (YtD) returns went up to 39.59% compared to yesterday’s 39.43%. Gains recorded in AIRTELAFRICA, ECOBANK, and UBA offset the losses in FBNH, BUACEMENT, and […]