October 28, 2024/CSL Research The bullish momentum from the prior week continued into the just concluded week with the benchmark index closing each session strong, largely fuelled by impressive Q3’24 earnings and dividend reinvestments. Consequently, the NGX All-Share Index rose by 141bps w/w to 99,448.91 points, pushing the year-to-date (YTD) […]
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Foreign Portfolio Investments Decline in Q3 2024
October 28, 2024/CSL Research According to the Nigerian Exchange Limited (NGX) report on domestic and foreign portfolio participation in equities for September 2024, the total transactions at the nation’s bourse increased m/m by 29.9% to N493.01bn in September from N379.52bn in August 2024. Thus, bringing the total transaction value in […]
United Capital Research Investment Views This Week, 21st October to 25th October 2024
October 28, 2024/United Capital Research Global Markets: Most Markets Closed Lower. Last week, the focus in US markets shifted to the earnings season with over 20.00% of companies in the S&P 500 reporting their results. The early earnings season started positively with financials, but as more industries reported, results became […]
