Money Monday

Ranora Daily - Your daily source for reliable market analysis and news.

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Market Overview

Local News

• Bank stocks surge amid FX, policy support- Punch

• NGX sheds N197bn as bears dominate - Punch

• First HoldCo approves N25.13bn dividend- Punch

• Listed firms declare N1.1tn dividends – SEC- Punch

• NEM Insurance hits N100bn gross premium - Punch

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Global News

• After reprieve, EU still in fix to find trade deal to satisfy Trump - Reuters

• Stocks and euro jump on Trump EU tariff delays - Reuters

• India’s NSE Offers $118 Million to Settle Sebi Case, Revive IPO- Bloomberg

• China Raises Cross-Border Yuan Use Requirement for Major Banks - Bloomberg

• ExxonMobil and Chevron to do battle over $1tn oilfields in Guyana - Financial Times

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Indices, Commodities & Currencies

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Nigeria Sectoral Indices Performance

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Events

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Investment Tip of the Day

Focus on tech and cyclical stocks today, as Trump's tariff delay may boost short-term market optimism

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Disclaimer: The information contained in this report is intended for informational purposes only and should not be considered as investment advice. The information is obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed.