Investors Bite

United Capital Research Investment Views This Week 24th July 2023 to 28th July 2023

July 24, 2023/United Capital Research Global Markets: Markets Closed Mixed Last week, focus was shifted from macroeconomic data to the earnings season. Thus far, reports are modestly positive with financial stocks making the strongest gains. The results of financial companies, and commentary from their Management Teams, indicate that there has […]

NGX Reverses Previous Loss Records +3.9% Weekly Gain Driven by Blue-Chips

The Nigerian equities market reversed last week’s loss as bargain-hunting activities gained momentum. Thus, the All-Share index advanced by 3.9% w/w to close at 65,003.39 points. July 21, 2023/Cordros Report Global economy   Price pressures in the United Kingdom (UK) eased more than market expectations in June, potentially serving as […]

Bulls Dominate Equities to Close the Week by 168 Basis Point, Investors’ Wealth Up by N584.08 Billion

—Naira Depreciate to N777.82 (-1.26%) July 21, 2023/Research & Strategy Futureview Financial Services Click here to download the full report Equities Market The Nigerian equities market concluded the week’s trading on a bullish note, with equities gaining for 4 trading days in the week and leaving the bears with only 1 […]