Trading Tuesday

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

Market Data

Local

Global

*Data as of 4pm WAT

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Market News

Local

• Nigeria, others to examine regional investment opportunities, collaboration at OTC 2024

• Nigeria secures $600m Maersk investment in seaport infrastructure

• Customers panic as CBN bans Opay, Palmpay, others’ new accounts

• FG to sell Shell’s assets, lists divestment criteria

• FG Begins 2024 Bid Round, Puts 12 Greenfield Oil Blocks On Offer

Global

• Russia says it shot down six U.S.-made ATACMS missiles; Odesa, Kharkiv hit with deadly strikes

• Euro zone inflation steady at 2.4%, keeping June rate cut in play as economy returns to growth

• HSBC CEO Quinn Unexpectedly Steps Down After Almost 5 Years

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Market Events

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Investment Tip of The Day

Develop a clear exit strategy for each investment in your portfolio. Knowing when and under what conditions to sell an asset is just as important as knowing when to buy. This can involve setting specific profit targets, loss thresholds, or identifying changes in market conditions that signal a need to divest. Planning your exit strategy in advance helps to take emotion out of the decision-making process and can improve your investment outcomes.

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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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