Weekly Commentary and Stock Recommendation: 18th March – 22nd March 2024
Global Economy Earlier this week, data from the office of National statistics showed the UK Consumer Prices Index (CPI) rose by 3.4% YoY in February 2024, down from 4.0% YoY in January 2024. On a MoM basis, CPI rose by 0.6% in February 2024, compared with a rise of 1.1% MoM in February 2023. Core […]
Daily Market Update | 22-03-2024
Daily Market Update (Equities) The Nigerian equities market continued its positive run today, with the NGX All Share Index (ASI) climbing 0.25% to settle at 104,647.37 points. This upward movement pushed the year-to-date (YtD) return further to 39.95%, compared to yesterday’s 39.60%. Gains recorded in heavyweight stocks like GTCO, FBNH, and TRANSCORP outweighed losses in […]
