You Need to Invest In This...

Your weekly investment tea🧋📈

Hey there! My name is Uneesa, and if I had to give myself a Forbes 2-page spread, the headline would read “I love God, women and money.”

Why? Well, other than loving God, women, and money. I want to help as many women as possible take financial control.

Join me as I’ll be holding your hand through the bold, new world of finance, and helping to demystify finance by asking 'WTF is this?'

NEW COURSES - CLAIM YOURS NOW

We’ve now launched courses for the GCC (🇦🇪/🇸🇦/🇶🇦/🇧🇭/🇴🇲 -fit for those living in the region) - check out our special edition courses here.

If I have 20-25 women interested in attending sessions in person, please reply back to this email or DM me on IG to let me know and I’ll host both courses in person iA with some add-ons iA. ❤️ 

Invest in Yourself - A 4 week crash course in halal finance, PLUS a bonus live Q&A session! Best of all you get to go at your own pace and follow along in your own time. For Eid, I’m offering the course at a flat rate of £150 PLUS a FREE coaching session. BOOK NOW BEFORE TICKETS GO!

Finesse your Finances is back for another financial bootcamp! If you’re new to finance and looking to develop a deeper understanding of the issues that affect or may affect you - with practical tips shared, sign up here! Courses start at just £80 for a 5 week course - that’s just 16 quid a session!

My FREE Zakat session is still available with all donations going to MAP, Sudan Relief Fund and local charities in the UK. The session will be on demand so you’ll be free to catch-up in your own time iA.

Pay it Forward - Something I’ve been meaning to talk about on my stories is how wonderful it is to see the community support one another. I’m offering a discount to women in financially tumultuous situations, with the rest subsidised by your donations iA. If that’s something you’d like to help with, the donations start at £5 and go a long way in helping so many women globally iA. You can donate through this link by selecting pay it forward only.

WTF HAPPENED to the stock market THIS WEEK? 🗞️💁🏻‍♀️

This week’s market performance

  • Earlier this week, the Nasdaq Composite went up by 0.59%, going over 17,000 points for the first time ever. This increase was mainly because Nvidia's stock jumped by 6%, hitting a new high. The S&P 500 also went up a little, by 0.02%. However, the Dow Jones Industrial Average went down by 0.55%, mainly due to drops in Merck and other healthcare stocks.

  • Elsewhere, DFM experienced a mixed performance this week. Roughly 1.37 million shares were traded on average each day, which is about 9% less than last week. This means there was a small drop in how much trading happened. Despite this, DFM's performance remains strong overall, driven by substantial investor interest, especially from foreign investors who maintained a market share of 47% of trading value in the first quarter of 2024.

    This week’s Fear vs Greed Index

    What does this mean?

    Right now, investors have mixed feelings about the stock market. Some feel confident and are willing to take risks, shown by the positive market momentum and demand for safe investments. However, there's also worry about stock prices and risky bonds. Other indicators, like stock price breadth, options trading, and market volatility, show a balanced sentiment, making the market a bit tricky to understand.

So what are the updates?

In my element

Last weekend, I got to speak to so many amazing women in Dubai 🇦🇪. You can find the post here, but in a nutshell women have been long forgotten when it comes to wealth-building and it’s time to change that!

In other news, my podcast, Get Money Right will be out this month iA! I can’t wait to share it with you all. I’ve spent the best part of 6 months working on this project and we’ll be covering everything from investing to starting your own business with some AMAZINGGGGGG guests.👀👀 

Not to toot on my own horn, but I’m seriously proud of the work that went into making this happen and I really hope you guys enjoy it too. Special shoutout to my producer Amal Abdi who is a treat to work with! And my design team Aya Mouj who came up with the ADHD inducing artwork. ❤️ 

A visual representation of how overwhelming finance can feel 💖💖

🧋FINANCIAL TEA🧋

ICYMI here’s this week’s highlights:

🛢️ Saudi Arabia is preparing to sell more shares of its huge oil company, Aramco, starting as early as Sunday. This sale could bring in over $10 billion, making it one of the biggest deals in recent years. The government will take orders from investors until next Thursday. There’s already a lot of interest from investors in the Middle East and Europe, with offers exceeding $10 billion.

📱The market’s darling, NVIDIA, had a big week! They announced a 262% increase in revenue for the first quarter, reaching $26 billion compared to last year. Plus, they're doing a 10-for-1 stock split in June What does this mean? If you have 1 share worth $100 now, after the split, you'll have 10 shares. The total value stays the same, so each share will be worth $10 (since 10 shares at $10 each still equal $100).

Salesforce is facing some challenges after releasing its first-quarter results. Shares of the company dropped over 15% in premarket trading on Thursday following the report of weaker-than-expected revenue.

TWEET OF THE WEEK

‘Til next time xoxo UneesaFinance🫶