Daily Market Update | 18-03-2024

Daily Market Update (Equities) The Nigerian equities market opened the week on a negative note, as the NGX All Share Index (ASI) declined by 0.40% to 104,663.34 points. As a result, the market’s year-to-date (YtD) returns fell to 39.97% compared to 33.19% YtD recorded on Friday. Losses in MTNN, GTCO and DANGSUGAR offset the gains […]

Weekly Commentary and Stock Recommendation: 11th March – 15th March 2024

  Global Economy Earlier this week, the US Census Bureau released retail trade data. According to the Census Bureau, advance estimates of U.S. retail and food services sales for February 2024, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were USD700.7bn, up 0.6% MoM from January 2024, and up […]