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  • Profile
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January 17, 2020

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Daily financial market update 2020 JAN 17

Daily Market ReportBy Samuel ObayomiJanuary 17, 2020

Equities Market The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.91% to 29,618.52 Index Points and N15.256Tr respectively. Year-to-Date ASI is still at a positive of 10.34%. Number of trade, Volume of trade and Value of trade all decreased by 10.29%, 16.06% and 29.16% to 4175,…

China posts weakest growth in 29 years as trade war bites, but ends 2019 on better note

Market NewsBy Samuel ObayomiJanuary 17, 2020

US – China trade is one of the main drivers of China’s Economy. China’s growth decreased to 6.1% in 2019 from 6.6% in 2019 due to the Us –China Trade war while Industrial output, retail sales and Fixed-asset investment increased in 2019. China’s growth is expected to remain steady in 2020 due to the signing…

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