Q3 FINANCIALS DRIVE THE NIGERIAN EQUITIES MARKET BULLISH IN OCTOBER 2023 The Nigerian equity market was relatively quiet in the month of October with lower volumes and values traded compared to previous months as the market anticipated the release of Q3 performance numbers. Chinazom Izuora, Senior Associate Investment Brokerage at Parthian Securities Limited, offers some insightful […]
WHAT TO KNOW ABOUT NIGERIAN EQUITY MARKET PERFORMANCE IN Q3 – 2023 From May to July 2023, the market buzzed with a significant number of equity transactions. However, this high activity level surprisingly slowed down in August, with total transactions falling by a substantial 62.65%. Additionally, foreign investors, who initially showed increased interest post the […]
Warren Buffet, one of the greatest investors of our time, said ‘never invest in a business you don’t understand. This is one of the golden rules of investing and the very first of a few gems on how to choose a stock to invest in. Stock investing can be a great way to increase wealth […]
Recently, you’ve been hearing a lot about a certain stock, and for some reason, you begin to feel a FOMO (fear of missing out) – which happens to most investors since we all are looking to maximize profit anyways. But how can you determine if a stock is doing well and it’s ok to buy? […]
As you progress on your investment journey, it is important to hold the best cards to ensure your portfolio is balanced and you earn well as an investor (investor vibes). Not only is investing a great way to earn passive income but you are making essential money moves by not leaving your savings in a […]
The Monetary Policy Committee (MPC) held its 5th meeting of 2022 on the 26th and 27th of September. The committee members voted unanimously to raise the key interest rate. Key decisions: – Increase the Monetary Policy Rate (MPR) from 14.00% to 15.50%. – Retain the asymmetric corridor at +100/–700 basis points around the MPR. – […]
In keeping with the promise to link our customers to their preferred investment opportunities, Parthian Securities Limited is set to organise the maiden edition of its “Bears & Bulls Series” themed “The Nigerian Equity Market: 2021 Review; 2022 Outlook & Stocks to Watch“. This online investment advisory clinic which will take place on the 27th […]
The Nigerian Equity Market (“the Market”) ended 2021 in the positive; the first sequential positive performance since 2013, with a Year-to-Date (“YTD”) return of 6.07% compared to the 2020 YTD return of 50.03%. The 2020 remarkable performance of the Market was significantly driven by the positive performance of Dangote Cement (DANGCEM), with a YTD return of 72.46% given it is the […]