Month: November 2024
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Global Economic Roundup
Oil Prices Rise Slightly Amid Demand Concerns
Post Views: 82 By Akintunde Oyedokun Research Analyst Oil prices edged higher Wednesday as short-covering provided support after OPEC cut…
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Equities
Mixed Sentiments Yet On NGX, Amid Low Valuation Ahead Of Oct. Inflation Data
Post Views: 122 Market Update for November 13 The oscillation and relatively low traded volume on the Nigerian Exchange at midweek…
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Global Markets
Bitcoin Soars, But Gold Slides On Higher U.S. Treasury Yields, Stronger US$
Post Views: 99 By Chris Weston While Bitcoin gets the headlines for its red-hot form, gold heads in the opposite…
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Global Markets
Gold Slides Amid Strong Dollar, Rising Bond Yields
Post Views: 96 By Antonio Di Giacomo Gold prices fell again on Tuesday, November 12, 2024, reaching $2,589 per ounce…
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Equities
Portfolio Rebalancing Lingers On NGX, As Investors Seek Value, Position On Pullbacks
Post Views: 139 Market Update for November 12 Tuesday’s was a negative session on the Nigerian Exchange as profit taking resurfaced, hitting…
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Global Markets
Oil Prices Fall as OPEC Cuts Demand Outlook, As India’s Inflation Hits 14-Month High
Post Views: 83 Akintunde Oyedokun Research Analyst Oil prices stayed near two-week lows Tuesday after a 5% drop in recent…
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Company News
BUA Industries Gets US$200m Afrexim Bank Facility For Expansion
Post Views: 105 BUA Industries Limited, Nigerian conglomerate and parent company of BUA Cement, and BUA Foods, both of which…
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News
Koko, Pioneer CEO Of FMDQ’ Retires After 11 Years Dec. 31
Post Views: 202 Group Silent On Replacement FMDQ Group Plc, on Tuesday announced the imminent retirement of Bola Onadele. Koko,…
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Global Markets
Gold Under Pressure As Prices Slip 3% To Below $2,600
Post Views: 91 By Dilin Wu Gold is under intense pressure on multiple fronts. Institutional sell-offs have driven prices down…
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Global Markets
At 52.8 PMI, South Africa’s Manufacturing Index Shows Expansion In Sept
Post Views: 100 By Ahmad Assiri South Africa’s manufacturing sector is showing encouraging signs of renewed resilience as we close…
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