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Weekly economic index: CBN on big deposits, SA's debt-free plan, and a Jumia exit - Vimarsana News

Weekly economic index: CBN on big deposits, SA's debt-free plan, and a Jumia exit

Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss but should keep in mind this week

Growth Stocks Outpace Value By 10% As 2023 Nears End: Will The Trend Continue? - iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG), iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) - Vimarsana News

Growth Stocks Outpace Value By 10% As 2023 Nears End: Will The Trend Continue? - iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG), iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

So far, 2023 has been mostly about growth stocks. Sector performance within the S&P 500 indicates that growth-oriented stocks from the Information Technology and Communication Services sectors have been leading in returns.

Equity market up 0.18%, gains N70bn on bargain hunting - Vimarsana News

Equity market up 0.18%, gains N70bn on bargain hunting

The equity market on Nigerian Exchange Ltd. (NGX) on Monday closed on a positive note, due to bargain hunting in Airtel and Ecobank Transnational Incorporated (ETI). Specifically, the market capitalisation increased by N70 billion or 0.18 per cent, closing at N39.219 trillion as against N39.149 trillion which posted on Friday. Consequently, the NGX All-Share Index(ASI)

Equity Market Rises 0.18 % On Bargain Hunting In Airtel, ETI - Vimarsana News

Equity Market Rises 0.18 % On Bargain Hunting In Airtel, ETI

The Nigerian equity market closed on a positive note on Monday, fueled by bargain hunting in shares of Airtel and Ecobank Transnational Incorporated (ETI).

Tier -1 bank shares dip as NGX market cap loses N192bn - Vimarsana News

Tier -1 bank shares dip as NGX market cap loses N192bn

The banking index dropped on Thursday by 2.1 per cent, a day after recording a 5.01 per cent gain due to sell pressures on stocks of First Bank of Nigeria Holdings, AccessCorp, Zenith Bank, GTCO, United Bank for Africa, and Jaiz Bank.