Trading Tuesday

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 FGN Bond Auction - 24 June 2024:

  

• Operators seek FG intervention as marketers opt for fuel import

• BDCs operators delay compliance with CBN recapitalisation order

• Otedola raises stake in FBN Holdings by 4.63%

• Estimated Electricity Customers Rise To 6.43 Million Q1 2024 — NBS

• World Bank Disburses $4.5m For Nigeria’s ID4D Project

• CBN Issues IMTOs Naira Access To Boost Remittances

Global

• Nasdaq poised for higher open as Nvidia firms after selloff

• Canada inflation rises in May, hurts July rate cut chances

• Treasury yields are flat as investors await key data

• Gold steadies as investors await more clarity on U.S. rate path

• European stocks lower after sentiment sours on Wall Street; Airbus down 12%

• Russia’s Oil Exports Drop the Most in Three Months on Port Works

• Oil Holds Near Eight-Week High on Escalating Political Tensions

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Events

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Investment Tip of The Day

Sector-specific exchange-traded funds (ETFs) allow you to invest in a particular industry, such as technology, healthcare, or energy, without the need to pick individual stocks. This approach provides diversification within a sector and can help you capitalize on trends and growth within specific areas of the economy.

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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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