Wealth Wednesday

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

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Market Overview

Local News

• Tinubu, NASS face fresh criticism over 2024 budget extension - Punch

• J’Berger pays N5.2bn gross dividend - Punch

• TotalEnergies projects N543m Q3 profit - Punch

• Oando Posts ₦113b Profit After Tax Q1 2025 - Channels

• Dangote Cement Shareholders Approve ₦30 Dividend Payout- Channels

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Global News

• S&P 500 nears record high as Middle East tensions cool - Reuters

• Exclusive: US exchanges, SEC in talks to ease public company regulations - Reuters

• Oil prices gain on signs of strong US demand - Reuters

• Sales of new homes tanked in May, pushing supply up to a 3-year high - Cnbc

• Treasury yields rise as investors monitor Israel-Iran ceasefire - Cnbc

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Indices, Commodities & Currencies

Nigeria Sectoral Indices Performance

Events

Investment Tip of the Day

Don’t fall in love with an asset. If a trade is going well, let it grow. If it turns against you beyond your risk limit, exit early. Discipline protects capital; emotion destroys it.

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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.