Weekly Commentary and Stock Recommendation: 8th July – 12th July 2024
Global Economy Earlier this week, data from the Chinese National Bureau of Statistics (NBS) showed China’s inflation was modest in June 2024. According to the NBS, China’s national consumer price index (CPI) increased by 0.2% YoY, compared to a 0.3% YoY increase in May 2024. Among them, urban prices rose by 0.2% YoY, while rural […]
Daily Market Update | 12-07-2024
Daily Market Update (Equities) Today, the Nigerian equities market halted it negative trend as the NGX All Share Index surged by 0.20%, closing at 99,671.28 points. This pushed the market’s year-to-date (YTD) return up to 33.30%, compared to 33.03% YTD yesterday. Gains in SEPLAT, PRESCO, and GTCO were the main drivers of the positive performance, […]
