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 […]
The Nigerian bourse maintained a positive growth trajectory despite challenges with currency devaluation and volatility in the national economy in the first half of 2023, which is largely attributed to the new administration’s policies on subsidy removal and FX unification. This report presents highlights of the performance of key sectors and companies in the first half of […]
-Equities market to continue positive momentum in 2023
Source: Parthian Securities Research
Saying ‘Bears and Bulls’ in the voice of Shuri in Black Panther sounds like some wild animal fight. Hehe, but in the stock market, Bull markets (also known as Bull Run) occur when prices are on the rise for sustained periods, and Bear markets occur when stock prices fall 20% or more for a sustained […]
