Weekly Commentary: 8th January – 12th January 2024
Global Economy The US Bureau of Labor Statistics (BLS) published US December 2023 CPI data earlier this week. The Headline Consumer Price Index (CPI) rose 0.3% MoM in December 2023, up from 0.1% MoM in November 2023. In December 2023, the Core Index—which excludes food and energy—rose by 0.3% MoM, remaining constant from November 2023. Several indexes saw […]
Daily Market Update | 12-01-2024
Daily Market Update (Equities) The Nigerian equities market continued its positive streak today, with the NGX All Share Index (ASI) rising 0.54% to 83,042.96 points. The positive performance pushed the year-to-date (YtD) returns to 11.06%, up from 10.46% yesterday. The gains recorded in BUAFOODS, GTCO and Transnational Corp offset the losses in BUACEMENT, ZENITH and […]
