Risk-off sentiments resonated in the Nigerian equities market this week as investors took profits following recent rallies. Particularly, sell pressures on – MTNN (-4.2%) and GTCO (-7.2%) led the benchmark index lower. March 17, 2023/Cordros Report Global Economy According to data from the Bureau of Labor Statistics (BLS), headline inflation […]
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United Capital Weekly Pan African Monitor Friday 17-Mar-23
March 17, 2023/United Capital Report Please click here for the full PDF report. Anglophone West Africa Nigeria According to the National Bureau of Statistics (NBS), Nigeria’s headline inflation accelerated to 21.91% y/y in February 2023, compared to 21.82% y/y in the prior month, the highest inflation reading since September 2005. Food inflation, […]
Local Bourse Advance +0.04% on Gains Across Sectors
March 17, 2023/InvestmentOne Report The local equities market closed slightly up by 0.04% as the NGX-ASI settled at 54,935.20pts. In today’s trade, market breadth index was positive with 17 gainers against 10 losers. UCAP (+9.91%) was the top gainer, while MULTIVERSE (-9.92%) led the losers today. CAPHOTEL was the most actively traded […]
