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January 8, 2020

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Daily financial market update 2020 JAN 08

Daily Market ReportBy Samuel ObayomiJanuary 8, 2020

Equities Market The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 3.54% to 28,562.48 Index Points and N13.787Tr respectively. Year-to-Date ASI is still at a positive of 41%. No of trade, Volume of trade and Value of trade all increased by 33.09%, 66.18% and 58.36% to 7622…

U.S. trade deficit at three-year low as imports tumble

Market NewsBy Samuel ObayomiJanuary 8, 2020

US Trade balance is one of the main drivers of US economy. US trade deficit decreased by 8.2% to $43.1 billion in November 2019, while the US economy grew by 2.1% in 2019 third quarter. US trade is expected to boost US GDP growth in 2019 fourth quarter due to Increase in exports and decrease…

Daily financial market update 2020 JAN 07

Daily Market ReportBy Samuel ObayomiJanuary 8, 2020

Equities Market The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.90% to 27,586.93 Index Points and N13.316Tr respectively. Year-to-Date ASI is still at a positive of 77%. No of trade and Volume of trade both decreased by 0.99% and 14.23% to 5727 No of trade and…

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