Weekly Commentary and Stock Recommendation: 18th December – 22nd December 2023
Global Economy Earlier this week, the Office of National Statistics (ONS) released UK November 2023 Consumer Price Index (CPI) data. According to the ONS, The CPI rose by 3.9% YoY in November 2023, down from 4.6% YoY in October 2023. On a MoM basis, CPI fell by 0.2% in November 2023 (vs. +0.4% MoM in […]
Stock Recommendation for the Week , May 06
The Nigerian Bourse closed negative last week with the NSE ASI slipping 1.78% WoW to close at 29,212.00 points, while market capitalization lost N198 billion. The bearish sentiment was spurred by losses across the Cement (-3.67%), Banking (-2.00%), Personal Care (-1.20%) and Food (-1.18%) sectors. Dissecting the sector performance reveals selloff across various stocks such […]
