External broker reports(aggregated public sources), CardinalStone

CardinalStone

External broker reports(aggregated public sources)

CardinalStone is an independent, multi-asset investment management firm offering an assortment of financial services to a diverse institutional, high net worth and retail clientele base. The company began operations in June 2008 and its business is conducted across six divisions – Investment Banking, Asset Management, Securities Trading, Trust Services, Registrar Services and Financing. Headquartered in Lagos with offices in Abuja, Nigeria, the firm and its licensed subsidiaries diligently works with its clients to create bespoke solutions for their needs.

Macroeconomics

<ul><li>Global equities advanced in August, driven by strong demand for technology stocks and expectations of monetary easing.</li><li>The MSCI World Index gained +2.49% MoM, supported by broad-based gains across developed markets, especially the U.S.</li><li>The MSCI Emerging Markets Index (+1.22% MoM) also improved, buoyed by positive performance in Chinese equities, which outweighed weakness in India and Taiwan. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Global equities advanced in August, driven by strong demand for technology stocks and expectations of monetary easing.The MSCI World Index gained +2.49% MoM, supported by broad-based gains across developed markets, especially the U.S.The MSCI Emerging Markets Index (+1.22% MoM) also improved, buoyed by positive performance in Chinese equities, which outweighed weakness in India and Taiwan. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

CardinalStone Research -  Monthly Equities Review - August 2025

<ul><li>The global equities market saw mixed performance in February as uncertainty surrounding U.S. policy weighed on investor sentiment.</li><li>The MSCI World Index declined by 0.81% MoM, dragged by weak performance in U.S. markets, while the MSCI Emerging Markets Index edged up by 0.35% MoM, supported by gains in Chinese tech stocks and weaker U.S. dollar (DXY Index fell by 0.7% MoM).</li><li>The U.S. stock market wrapped up February on a weak note, with major indices recording sharp declines.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

The global equities market saw mixed performance in February as uncertainty surrounding U.S. policy weighed on investor sentiment.The MSCI World Index declined by 0.81% MoM, dragged by weak performance in U.S. markets, while the MSCI Emerging Markets Index edged up by 0.35% MoM, supported by gains in Chinese tech stocks and weaker U.S. dollar (DXY Index fell by 0.7% MoM).The U.S. stock market wrapped up February on a weak note, with major indices recording sharp declines.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

United States

The MSCI World Index is a free-float weighted equity index. It was developed with a base value of 100 as of December 31, 1969. MXWO includes developed world markets, and does not include emerging markets. MXWD includes both emerging and developed markets.

MSCI World Index (MXWO INDEX)

CardinalStone Research - Monthly Equities Review - August 2025

The MSCI Emerging Markets Index (+1.22% MoM) also improved, buoyed by positive performance in Chinese equities, which outweighed weakness in India...

CardinalStone

Monthly Equities - February 2025

The global equities market saw mixed performance in February as uncertainty surrounding U.S. policy weighed on investor sentiment.

CardinalStone