NGXASI stands at +9.70% (YTD); Naira appreciated by 0.66% to N1082.32/(USD) January 10, 2024/Futureview Research Click here to download the full report EQUITIES MARKET: Bulls and bears wrangle as The Nigerian Equities market closed the mid-week trading session on a negative note, marking the first bearish close for the year. […]
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Nigerian Equities Surge in Bullish Run, Index Higher +3.6% Buoyed by DANGCEM, MTNN
January 9, 2024/Cordros Report EQUITIES The Nigerian equities market saw a surge in bullish momentum, propelled by renewed interest in DANGCEM (+3.7%) and MTNN (+3.5%), which drove the benchmark index higher by 3.6% – the highest point since 30th June 2023 (+4.0%). As a result, the NGX ASI concluded the […]
COMMENT : Equity Markets Could Hit a Pocket of Volatility before a More Sustained Uptrend Can be Established
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 […]
