Weekly Commentary and Stock Recommendation: 15th April – 19th April 2024
Global Economy Earlier this week, we saw data from the US Census Bureau on retail sales for March 2024. Retail sales rose 0.7% MoM in March 2024, according to the department. Data for February 2024 was revised higher to show sales rebounding 0.9% MoM, which was the largest gain in just over a year, instead […]
Daily Market Update | 19-04-2024
Daily Market Update (Equities) The Nigerian Equities maekt ended the week on a negative note, as the NGX All-Share Index (NGX ASI) fell by 0.31% in today’s trading session. This pushed the market’s year-to-date (YtD) lower to 33.12% from yesterday’s 33.53% YtD. Losses in FBNH, STANBIC and GTCO offset gains recorded in FIDELITYBANK, OANDO and […]
