Investors Bite

United Capital Research Investment Views This Week 21st August 2023 to 25th August 2023

August 21, 2023/Aetoswire Global Markets: Bearish Sentiments Prevail Across the Board. Last week, major U.S. indices fell for the third consecutive week, extending the bearish run. The losses from the previous week were broadened, with the S&P 500(-2.1% w/w), the Russell 2000(-3.3% w/w) and the NYSE FANG+ (-3.0% w/w) off […]

NGXASI Closes Session Positive +0.46% Buoyed by Banking, Industrial Sectors

August 18, 2023/InvestmentOne Update The local bourse edged higher by 0.46% as the NGX-ASI closed at 64,743.96pts. In today’s trade, market breadth index was negative with 32 losers against 17 gainers. JOHNHOLT (+9.85%) was the top gainer today, while GUINEAINS (-9.37%) led the losers.                                                                                                                 FBNH (+0.80%) was the most actively traded […]

Nigerian Stocks Close Week Bearish -0.9% Dragged by AIRTELAFRI

Nigerian stocks closed in the bear territory following profit-taking activities on all trading sessions this week save for Friday (+0.4%). Precisely, sell pressures on AIRTELAFRI (-5.3%) dragged the All-Share index 0.9% lower to 64,721.09 points. August 18, 2023/Cordros Report Global economy According to the Office for National Statistics (ONS), headline […]