February 10, 2025/United Capital Research Global Market: U.S. Markets Navigate Volatility Amid Tariff Announcements; European Indices Set Records, Oil Prices Retreat. Last week, U.S. markets experienced significant volatility, largely driven by tariff announcements. On Friday, the White House revealed plans for 25.00% tariffs on imports from Canada and Mexico, and […]
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Airtel Africa Plc 9M-25 Update: Outlook Strengthened as Growth Drivers Improve
February 10, 2025/Cordros Report In this note, we review our estimates and update our outlook for AIRTELAFRI following the release of the company’s 9M-25 result. As anticipated, persistent currency pressures, particularly in Nigeria, weighed on AIRTELAFRI’s revenue growth (-5.8% y/y) in 9M-25, offsetting gains from an expanding customer base (+7.9% […]
Intraday Update: Nigerian Stocks Gain +0.03%, Buoyed by Blue Chips
February 10, 2025/InvestmentOne Update ASI as at 12.00pm: +0.03% Top Gainers and Losers: BETAGLAS (+10.00%), HONYFLOUR (+9.98%), INTENEGINS (-10.00%) and RTBRISCOE (-10.00%). Sector Performances: Oil & Gas (+0.17%), Consumer Goods (+0.14%), Industrial (+0.07%) and Banking (-0.59%). Market activity: In today’s trade, total volume advanced by 15% while total value declined […]
