Weekly Commentary and Stock Recommendation: 2nd April – 5th April 2024
Global Economy Earlier this week, we saw data from China detailing that services activity growth in the country accelerated in March 2024 as new business rose at the fastest pace in three months, a sign outlook was staging an imminent recovery in the world’s second-largest economy. The Caixin/S&P Global services purchasing managers’ index (PMI) rose […]
Daily Market Update | 05-04-2024
Daily Market Update (Equities) The Nigerian Equities market closed negative for the fourth consecutive day, as it posted a 0.29% decline to 103,437.67 points in today’s trading session. This is following losses in FBNH, MTNN, GTCO and ZENITH offsetting gains in DANGSUGAR, OKOMU, STERLING and UCAP. Consequently, the market’s year-to-date (YtD) returns fell to 38.33% […]
