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

• Foreigners move N267.5bn from Nigeria stock market in 5 months

• CBN reforms drive investment inflows to four-year high

• Money supply hits all-time high of N99.23tn despite liquidity squeeze

• Dangote fuel: Marketers fear high-priced petrol ahead of supply

• Price pressure drives PMI to seven-month low

• FG Clears $850m Debt To EU Airlines

Global

• Fed's Powell says more evidence of falling inflation needed before rate cut

• US job openings increase in May; layoffs rise

• Gold holds losses after Powell speech

• Hong Kong flags retail challenges as May sales slump 11.5% y/y

• Turkey closes Syria border after violence flares in both countries

• Thousands flee their homes as Israeli forces bomb southern Gaza

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Events

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Investment Tip of The Day

Explore the Potential of Green Energy Stocks. As the world increasingly focuses on sustainability and reducing carbon emissions, companies involved in renewable energy sources like solar, wind, and electric vehicles are poised for growth. Investing in green energy stocks not only aligns your portfolio with global trends towards sustainability but also taps into a sector with significant long-term growth potential.

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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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