Daily Market Update|26-08-2024
Daily Market Update (Equities) Today, the Nigerian equities market closed positive with the NGX All-Share Index (ASI) surging by 0.07% to settle at 96,037.28 points. Also, the market’s year-to-date (YtD) returns increased to 28.44% compared to 28.35% last week Friday. Today, the total volume traded increased by 16.67% to 377.18mn units and value traded decreased […]
Weekly Commentary and Stock Recommendation: 19th August – 23rd August 2024
Global Economy Earlier this week, S&P Global released a series of Purchasing Managers’ Index (PMI) reports for the US, UK and Eurozone. The headline S&P Global Flash US PMI Composite Output Index edged down from 54.3 points in July 2024 to a four-month low of 54.1 points in August 2024. Output has now risen continually […]