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 […]
Investors Bite
Bulls hold Sway as NGXASI Advance +357Bps, Investors Gain N1.57 Trn
NGXASI stands at +11.26% (YTD); Naira depreciated by 27.19% to N1089.51/(USD) January 9, 2024/Futureview Research Click here to download the full report EQUITIES MARKET: Bulls held sway as the Nigerian Equities market extended the previous day’s positive outing to close the day’s trading session in the green region amidst improved […]
Intraday Update: NGX Gains +2.84% Driven by Bellwether Stocks
January 9, 2024/InvestmentOne Update ASI as at 12.00pm: +2.84% Top Gainers and Losers: WAPCO (+10.00%), UNIVINSURE (+10.00%), TOTAL (-10.00%) and SUNUASSUR (-7.69%). Sector Performances: Banking (+6.53%), Consumer Goods (+3.21%), Industrial (+0.59%) and Oil & Gas (-2.45%). Market activity: In today’s trade, total volume and value increased by 24% and 64% respectively […]
