November 18, 2024/United Capital Research Global Economies: Markets Broadly Underperformed US markets commenced the week from the previous week’s rally, but later consolidated, with the S&P 500 pulling back 2.10% w/w, testing its 20-day moving average. President-elect Trump’s cabinet nominations have prompted investors to reconsider the potential policy impacts on […]
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Headline Inflation Rises Again in October
November 18, 2024/CSL Research As anticipated, Nigeria’s headline inflation rose to 33.88% in October 2024, marking the second consecutive monthly increase after two months of decline in July and August. This represents an uptick of 1.18 percentage points from the 32.70% y/y recorded in September. Compared with the same period […]
Equities Market Preview & Review
November 18, 2024/CSL Research Trading activities on the domestic bourse were mixed last week, with losses in two of the five trading sessions. However, a strong rebound on the final day propelled the NGX All-Share Index upward by 50bps w/w, closing at 97,725.64 points and lifting the year-to-date (YTD) return […]
