Weekly Commentary: 15th January – 19th January 2024
Global Economy Earlier this week, China released its Q4:2023 GDP figures. According to the data, Gross domestic product (GDP) grew 5.2% YoY in Q4:2023 (vs. 4.9% in Q3:2023). On a QoQ basis, however, GDP grew by 1.0% in Q4:2023, slowing from a revised 1.5% gain in the previous quarter. Elsewhere, in the UK, the Office […]
Daily Market Update | 19-01-2024
Daily Market Update (Equities) Today, the Nigerian Equities market closed positive as the benchmark index increased by 2.87% to 94,538.12 points. Consequently, the market’s year-to-date returns (YTD) increased to 26.43%. Market movers today were DANGCEM, BUACEM, SEPLAT and DANGSUGAR while the draggers were GTCO, TRANSCORP, NB and PZ. Total Volume and Value traded dropped to […]
