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  • Profile
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December 18, 2019

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Daily financial market update 2019 DEC 18

Daily Market ReportBy Samuel ObayomiDecember 18, 2019

Equities Market The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.02% to 26,665.73 IndexPoints and N12.87 Tr respectively. Year-to-Date ASI is still at a Negative of 16%. No of trade, Volume of trade and Value of trade all decreased by 15.69%, 29.90% and 33.35% to 2,831…

FCSL WEEKLY MARKET REPORT_13TH DECEMBER, 2019

Weekly ReportBy Samuel ObayomiDecember 18, 2019

Domestic Economy –Rundown: According to the Banking sectors data for quarter 3 of 2019, revealed that the aggregate credit disburse to the private sector sum-up to N16.251trillion, which represent a 7.39% growth on a quarter on quarter basis, according to sector allocation, the Oil & Gas and Manufacturing of the industry sector were the largest…

Euro zone yields steady after falling on renewed Brexit jitters

Market NewsBy Samuel ObayomiDecember 18, 2019

Euro zone yields steady after falling on renewed Brexit jitters US –CHINA trade talks and Brexit are part of the main drivers Euro zone bond yields. Britain has set a hard deadline of December 2020 to reach a new trade deal with the European Union while the Euro zone economy is anticipating an agreement on…

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