Investors Bite

Bulls Maintain Grip on Equities; Investors Gain N468 billion; Naira Down by 0.82%.

June 30, 2023/Research & Strategy Futureview Financial Services Click here to download the full report Equities Market The trading week came to a positive close on the local bourse, as bullish market conditions prevailed and favored the All-Share Index. The banking and telecommunications sectors witnessed a notable rally, which contributed […]

NGXASI Sustain Bullish Momentum Gains +1.43% Driven by Bellwether

June 30, 2023/InvestmentOne Report The local equities market surged by 1.43% as the NGX-ASI settled at 60,968.27pts.  In today’s trade, market breadth index was significantly positive with 57 gainers against 20 losers.  PZ (+10.00%) was the top gainer today, while PHARMDEKO (-10.00%) led the losers.                                                                                                                 ACCESSCORP (+5.06%) was the most actively […]

COMMENT: Brexit, BoE and Slower Global Growth Will Potentially Lead to ‘Entrenched Inflation’ in the UK

June 30, 2023/Capital.com Maurice Pomery, veteran trader and founder of Strategic Alpha, says that a shortage of labour in the UK combined with the Bank of England’s slow response to tackle inflation, could see UK inflation remaining high for a long time. Pomery shared his views during a recent interview […]