June 24, 2024/United Capital Research Global Markets: Tech Stocks Lost Steam US equities market took a breather last week after a period of strong gains. Recent weeks had seen the market become increasingly reliant on a narrow range of stocks, particularly those in the Information Technology sector, with Nvidia leading […]
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NGXASI Declines -0.10%, Dragged by Banking Counters
June 21, 2024/InvestmentOne Report The NGXASI declined by 0.10% today to close at 99,743.05pts, as the losses especially in banking stocks including FBNH (-3.42%), GTCO (-2.00%) and FIDELITYBK (-4.81%) drove the local bourse into the negative terrain. In the fixed income space, the Treasury Bills secondary market traded on […]
Nigerian Equities Loss Last Weekly Gain, Declines -0.2% Week-on-Week
The Nigerian equities market could not consolidate the gains of the prior week following pressure from profit-taking activities during the week. Accordingly, the NGX ASI declined marginally by 0.2% w/w. June 21, 2024/Cordros Report Global According to the Office for National Statistics (ONS), headline inflation in the UK slowed by […]
