External broker reports(aggregated public sources), CardinalStone

CardinalStone

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.

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 were bearish in April, weighed down by sharp volatility as investors reacted to aggressive U.S. trade policy announcements, including the huge 145.0% reciprocal tariffs on China.</li><li>The announcement triggered an immediate broad-based sell-off, with major indices posting steep declines: the S&amp;P 500 fell 12.1%, the Dow Jones lost 10.8%, and the Nasdaq dropped 13.3%.</li><li>However, markets briefly rebounded on April 9th, following news of a 90-day suspension of tariff implementation for “non-retaliating countries” . </li></ul><p><em>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.</em></p>

Global equities were bearish in April, weighed down by sharp volatility as investors reacted to aggressive U.S. trade policy announcements, including the huge 145.0% reciprocal tariffs on China.The announcement triggered an immediate broad-based sell-off, with major indices posting steep declines: the S&amp;P 500 fell 12.1%, the Dow Jones lost 10.8%, and the Nasdaq dropped 13.3%.However, markets briefly rebounded on April 9th, following news of a 90-day suspension of tariff implementation for “non-retaliating countries” . 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.

Monthly Equities Report - April 2025