Wealth Wednesday

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

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Market Overview

Local News

• Nigeria’s economy grows 3.7% in H1- Punch

• Investors lose N150bn as market opens July in red - Punch

• NGX announces major overhaul of market indices - Punch

• FGN bonds account for 79% of domestic debt stock- Punch

• Naira Appreciates Across Markets On CBN Reforms - Channels

• Aradel Holdings, Wema Bank Outpace Others to NGX- 30 Index - Thisday

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Global News

• European stock markets higher; UK bond yields soar amid ruling party turmoil- CNBC

• Stocks Waver in Jobs Run-Up as Bonds Join UK Rout - Bloomberg

• Emerging market debt sale surge defies global turmoil amid signs of de-dollarisation - Reuters

• Citadel and Millennium outshone by smaller hedge fund rivals after trade war turmoil - Financial times

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Indices, Commodities & Currencies

Fixed Income (USA & FGN Bonds)

Nigeria Sectoral Indices Performance

Events

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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.