Trading Tuesday
Ranora Daily - Your daily source for reliable market analysis and news.
Market Overview
Local News
Stocks plunge on tariCrude crash: FG’s 2025 budget jerks again, marketers anticipate price cut - Punch
FG partners Ax Gas to unveil Lagos CNG conversion centre -Punch
Shareholders Apllaud Africa Prudential’s N1.2bn Dividend Payout - Thisday
CBN’s $197.71m Injection: Navigating Nigeria’s Economic Crossroads - Thisday
Tincan Customs rakes in N347bn revenue in Q1 – CAC
Global News
Gold's current rally: echoes of the 1980s with a more sustainable core - Reuters
World stocks recover from a beating but the mood is fragile - Reuters
Oil’s Plunge Pauses as Traders Take Stock of Growth Outlook - Bloomberg
German Power Prices to Stay High as Link to Gas Seen Stronger - Bloomberg
UK stocks recover after sell-off triggered by hefty tariffs - Reuters
Japanese investors cut foreign bond buying, step up equity buying in March - Reuters
Indices, Commodities & Currencies
Nigeria Sectoral Indices Performance
Events
Investment Tip of the Day
When markets are trending upward (higher highs, higher lows), it's generally better to buy on dips, not fight the move by shorting or waiting endlessly for a correction.
In downtrends, protect your capital by waiting for confirmation before entering long positions.