With a Month-to-Date (M-t-D) return of 2.05%, September was the only month in the third quarter of 2024 to close in the green zone, as it turned the trend of negative returns witnessed earlier in Q3:2024 (July 2024: -2.28%, August 2024: -1.22%). The performance was driven by gains on GEREGU, MTNN, SEPLAT amongst others. 

Our prognosis for the equities market in October 2024 is a negative close. Kindly find HERE, our report, covering our analysis and considerations.