Profit-Taking in BUACEMENT, STANBIC, others Drag NGX Southwards.
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Date27 Mar 2023
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/CategoriesAside, Audio, Blog, Fit Row, Life Style, News Article, Post Slider, Quote, Uncategorized, Video
Last week, the local Bourse closed lower, as the NGX ASI sheds 0.04% WoW, closing negative in four of the five trading sessions. Profit-taking in large-cap stocks such as BUACEMENT (-1.60%), STANBIC (-5.80%), and NB (-4.50%) dragged the local bourse... Read More →
Nigeria’s Inflation Prints at 21.91%, Driven by Naira Scarcity, Price of food items.
The Consumer Price Index (CPI)/Headline Inflation/All Item Index The Consumer Price Index (CPI), which measures inflation, rose by 21.91% Year-on-Year (YoY) in Feb’23, representing the second consecutive acceleration after moderating in December 2022. This is 0.09% higher than the rate recorded in... Read More →
Nigerian Bourse Closes the Week Lower as the NGX ASI sheds 1.58% WoW.
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Date21 Mar 2023
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/CategoriesAside, Audio, Blog, Fit Row, Life Style, News Article, Post Slider, Quote, Uncategorized, Video
Local Bourse closed lower last week, as the NGX ASI sheds 1.58% WoW, closing negative in four of the five trading sessions. Profit-taking in large-cap stocks such as MTNN (-5.00%), GEREGU (-6.50%), and GTCO (-7.20%) dragged the local bourse southwards.... Read More →
Local Bourse Extends Bullish Run as NGX ASI Gained 0.48% WoW.
Local Bourse extended its bullish run last week, as the NGX ASI gained 0.48% WoW, closing positive in three of the five trading sessions. Buy-interest in large-cap stocks such as DANGCEM (+3.60%), and MTNN (+1.40%) drove the local bourse northwards.... Read More →
Nigerian Bourse Sustains Bullish Momentum, as NGX ASI gained 1.06% WoW.
Last week, Nigerian Stock Exchange sustained its bullish momentum, as the NGX ASI gained 1.06% WoW, closing positive in three of the five trading sessions. Buy-interest in large-cap stocks such as GEREGU (+27.45%), and BUAFOODS (+10.50%) drove the local bourse... Read More →
Nigerian Headline Inflation Test New Highs to Print at 21.82%
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Date24 Feb 2023
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/CategoriesAside, Audio, Blog, Fit Row, Life Style, News Article, Post Slider, Quote, Uncategorized, Video
The Consumer Price Index (CPI)/Headline Inflation/All Item Index The Consumer Price Index (CPI), which measures inflation, rose by 21.82% Year-on-Year (YoY) in Jan’23, representing the first acceleration after moderating in December 2022. This is 0.47% higher than the rate recorded in Dec... Read More →
Nigerian Bourse Closes the Week Negative as NGX Declines by 0.96% WoW.
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Date21 Feb 2023
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/CategoriesAside, Audio, Blog, Fit Row, Life Style, News Article, Post Slider, Quote, Uncategorized, Video
Last week, the bears suppressed the bulls in the local bourse, as the NGX ASI sheds 0.96% WoW, closing negative in one of the five trading sessions. Profit-taking in large-cap stocks such as AIRTELAFRI (-6.02%), and FBNH (-1.70%) drove the... Read More →