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January 16, 2020

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Daily financial market update 2020 JAN 16

Daily Market ReportBy Samuel ObayomiJanuary 16, 2020

Equities Market The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 1.00% to 29,352.13 Index Points and N15.142Tr respectively. Year-to-Date ASI is still at a positive of 9.35%. Number of trade, Volume of trade and Value of trade all increased by 7.11%, 7.52% and 77.01% to 4654,…

China, U.S. sign initial trade pact but doubts and tariffs linger

Market NewsBy Samuel ObayomiJanuary 16, 2020

US – China trade talk is one of the main drivers of US and China Economy. The trade deal is expected to add 0.5% point to US GDP in both 2020 and 2021 while halving tariff rate to 7.5% on about $120 billion worth of Chinese goods. Reuters

Daily financial market update 2020 JAN 15

Daily Market ReportBy Samuel ObayomiJanuary 16, 2020

Equities Market The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.75% to 29,062.50 Index Points and N14.992Tr respectively. Year-to-Date ASI is still at a positive of 8.27%. Number of trade, Volume of trade and Value of trade all decreased by 23.92%, 46.00%, 56.49% to 4345, 360.076…

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