January 9, 2024 By Kyle Rodda, Senior Market Analyst at Capital.com “Equity valuations have been juiced by expectations for relatively aggressive interest rate cuts this year. The so-called Powell pivot, combined with a trend of softer than expected inflation data, has loosened financial conditions materially and boosted market multiples. Despite […]
Capital Market
The Stock Market Records 6.54% Increase in First Week of Trade
Image Credit: InvestmentOne January 8, 2024/InvestmentOne Update If you are yet to set your financial plans for the week, we have an interesting update that should encourage you to do so now. Nigerian stocks recorded 6.54% surge last week being the first week of the year! This performance is traceable […]
UBA Surpasses N1tn Market Capitalisation Mark Amidst Impressive Financials, Recognitions
January 8, 2024/UBA Plc Market Cap Hits N1.022tn Emerges Best Performing Banking Stock in 2023 Africa’s Global Bank, United Bank for Africa (UBA) Plc, on Monday joined the elite group of companies with market capitalisation of over N1tn just as its share price value hits N29.90 per share. At the […]
