July 24 (Lagos) - The
ASI crossed 132.5 K couldn't feel more proud and happy for investors specially long termers. Today's gains came from
DANGCEM and
ARADEL after the latter posted strong quarterly eps growth. Today was a day where bulls and bears battled and the latter gave up towards the end of the session.
Brewery sector showed declines from
INTBREW ,
NB and
CHAMPION which has reversed its winning streak.
In the USA, President Trump unveiled a new AI taskforce which is generating a lot of positive momentum after a trade deal was signed with Japan that agreed to 15% tariffs with some concessions for auto parts makers. That caused a rally in Japan auto stocks while GM, Stellantis and Ford criticized the deal.
In a few minutes quarterly reports from Tesla and Google will come out and the whole world is watching what will happen later today to see whether the bullishness will continue.
reporting for easykobo.com on Wednesday, July 23 2025 from Lagos, Nigeria