Weekly Commentary and Stock Recommendation: 22nd January – 26th January 2024
Global Economy S&P Global issued the US and UK Purchasing Managers’ Index (PMI) data earlier this week. With a headline S&P Global Flash US PMI Composite Output Index of 52.3, it represented the fastest increase in business activity since June 2023, up from 50.9 in December 2023. The increase in output suggested a significant improvement […]
Daily Market Update | 26-01-2024
Daily Market Update (Equities) Today, the Nigerian Equities market closed positive as the benchmark index increased by 0.25% to 102,401.88 points. Consequently, the market’s year-to-date returns (YTD) increased to 36.95%. Market movers today were FBNH, DANGSUGAR, PZ and FCMB while the draggers were TRANSCORP, NB, JAIZBANK and INTERNATIONAL BREWERIES. Total Volume increased to 519.39mn units […]
