This was made known at the Parthian Securities Limited and i-invest January 2023 edition of their Bears & Bulls Series with the theme ‘An Investor’s Guide to Building Wealth on the Nigerian Exchange’.
The online investment clinic offered investors free insights and analysis on the Nigerian equities market.Speaking at the investment clinic, head of Investment Research at Parthian Securities Limited, Oluwaseun Dosunmu, reminded investors that true to Parthian Securities’ earlier market predictions last year, the Nigerian equities market defied the odds in 2022, posting an upbeat performance despite the risk-off sentiments that rattled the global equities market.
He stated that the global central themes of 2022 were the Russian-Ukraine war, the zero COVID policy in China, high crude oil prices, elevated inflation rates and the hawkish stance adopted by most central banks which made major economies experience a slowdown in economic activities, resulting in high cost of living and doing business. The Nigerian economy did not do better either as the key macro-economic numbers were disappointing.
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