Monthly Archives: May 2017

Daily Notes: May 10, 2017

Market Summary SHARE PRICES stepped back Tuesday, taking a breather from a three-session 280-point, 3.65% romp that had sent the benchmark to levels not many would’ve thought possible at the beginning of the year. Noon recess numbers are shown in … Continue reading

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Daily Notes: May 9, 2017

Market Summary It was an impressive, encouraging and auspicious start to the weeks’ trades. Nearly everything out of the news cycle elicited a positive response from investors. The PSEI settled at 7962.33 at the closing bell, up by 120.34 points … Continue reading

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Weekly Report for May 8 to 12, 2017

Market Summary EMBOLDENED by Thursday’s rather surprise but nonetheless welcome 1.5% run, investors entered the week’s ending trades with a pocket full of optimism. Foddered by April inflation steadying at the previous month’s pace, investors gobbled up and raided every … Continue reading

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Daily Notes: May 5, 2017

Market Summary The mining sector found extended cheer even as at the end it posted a slight retreat as the reality of the post-CA’s rejection of Ms. Lopez’ appointment set in. The PSEI rebounded off the previous session’s marginal slide … Continue reading

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Daily Notes: May 4, 2017

Market Summary Ahead of a US Federal Reserve meet, the market struggled to keep above water but the Mining and Oil sector brushed this off after receiving a much-needed, long-awaited boost from the CA roughly an hour before the close. … Continue reading

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Daily Notes: May 3, 2017

Market Summary US stocks were hardly moved overnight, even as the Nasdaq forayed into fresh record territory. Stocks in Europe stayed level as trades ushered in the month of May. A generally strong start in Asia however provided local investors … Continue reading

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Weekly Report for May 2 to 5, 2017

Market Summary Foreign funds are stepping in – at least that is what the latest figures show. Over the last five (5) days, foreigners were net buyers in three (3). The biggest was at mid-week (April 25) when they netted … Continue reading

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