Investors Bite

United Capital Research Investment Views This Week, 15th July to 19th July 2024

July 15, 2024/United Capital Research Global Markets Last week, US markets had a slow start as traders digested the previous Friday’s employment data. Similarly, focus was shifted to Fed Chair, Jerome Powell’s two-day testimony before Congress. The Fed Chair was slightly dovish, pointing to progress on inflation and suggesting that […]

Intraday Update: Nigerian Stocks Gain +0.18%, Buoyed by Blue Chips

July 15, 2024/InvestmentOne Update ASI as at 12.00pm: 0.18% Top Gainers and Losers:  CUTIX (+10.0%), LEARNAFRICA (+10.00), REDSTAREX (-9.80%)  and  DAARCOMM (-8.77%).  Sector Performances: Banking (+1.52%), Oil & Gas (+0.01%), Industrial (-0.02%) and Consumer Goods.  Market activity: In today’s trade, total volume increased by 4% while total value decreased by 138%, when compared to the […]

Equities End Session Green as NGXASI Up by +20 bps, Investors Gain N172.88Bn

–NGXASI stands at +33.30% (YTD); Naira depreciated by 0.59% to close at N1,563.80 July 12, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: The local bourse ended the week on a positive note as bulls resurface on the today’s session causing the NGX, All-Share Index to uptick […]