Think Thursday

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

Data

Local

Global

*Data as of 4pm WAT

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News

Local

• Results for the NTB Auction - 26 June 2024:

  

• NNPC uncovers another 165 illegal refineries

• FG commences NIN data leak probe

• CBN halts FX price verification portal for importers July 1

• Nigeria to install terrestrial fibre-optic infrastructure – Edun

• NASS Passes Bill To Extend 2023 Appropriation Act, Supplementary Budget

• Eterna blames N9bn Loss on forex crisis

Global

• US weekly jobless claims fall; business spending on equipment softening

• Megacaps boost Nasdaq after economic data; Micron, Walgreens slump

• France's Le Pen expects clear far-right win and power over Macron

• Chinese money flows into bonds even as central bank warns of risks

• India's RBL Bank to raise 65 bln rupees via institutional placement of shares, debt issue

• Japanese yen hits weakest level against dollar since 1986, reigniting intervention speculation

• Oil up on Middle East supply worries, higher US stocks curb gains

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Events

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Investment Tip of The Day

Learning to control your emotions is a key success factor in the stock market. Buying a stock based on the Fear of Missing Out (FOMO) and panic selling should be kept in check. Also, beware of greed; instead, stick to a well-thought-out investment strategy.

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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.

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