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CardinalStone

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Nigeria Equity Bottom-Up Thematic (Sector/Industry)
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bearishMacroeconomics
18 Apr 2025 04:27Broker

CardinalStone Research - Inflationary risks may balance out in April

Nigeria witnessed a halt in headline inflation moderation in March 2025, with a YoY reading of 24.2% ahead of the 23.2% in February and a consensus...

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bearishMacroeconomics
08 Apr 2025 19:25Broker

CardinalStone Research - Global risk-off sentiments stoke renewed FX demand and Naira pressures

Global markets were rattled by US reciprocal tariffs, which resulted to a minimum of 10.0% import tariffs on over 180 countries.

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08 Apr 2025 19:23Broker

CardinalStone Research - Model Equity Portfolio - 07 March 2025

Last week, the NGX closed lower, with the ASI losing 0.14% WoW, while the MEP lost 0.03%, outperforming by 11bps. Year-to-date, the MEP has gained...

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bullishMacroeconomics
04 Apr 2025 04:58Broker

CardinalStone Model Equity Portfolio - S3:Ep12 - 02-04-25

Last week, the bulls dominated the bourse as the benchmark index appreciated by 66bps, while the MEP appreciated by 68bps, slightly outperforming...

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26 Mar 2025 19:39Broker

MTN Nigeria Communications PLC - Sustained Recovery in Sight

MTN Nigeria Communications Plc (NGX: MTNN) appears to be on track to recovery, evinced by its positive bottom-line print of N114.5 billion for...

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