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January 27, 2020

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Daily financial market update 2020 JAN 27

Daily Market ReportBy Samuel ObayomiJanuary 27, 2020

Equities Market The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.26% to 29,552.99 Index Points and N15.223Tr respectively. Year-to-Date ASI is still at a positive of 10.10%. Number of trade and Volume of trade both increased by 11.79% and 140.59% to 4306 and 444.038 Million respectively…

German government raises 2020 economic growth forecast to 1.1%

Market NewsBy Samuel ObayomiJanuary 27, 2020

Germany’s Economic growth is one of the main drivers of the Europe’s Economy. The German government has revised its estimate for this year’s economic growth from 1.0% to 1.1%. Germany narrowly dodged recession in 2019 and started 2020 slowly. Reuters

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