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February 7, 2020

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Daily financial market update 2020 FEB 07

Daily Market ReportBy Samuel ObayomiFebruary 7, 2020

Equities Market · The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.26% to 28,067.09 Index Points and N14.618Tr respectively. Year-to-Date ASI is still at a positive of 4.56%. · Number of trade and Volume of trade both decreased by 2.24% and 4.18% to 4243 and 303.933…

U.S. payroll gains seen picking up, benchmark revisions under spotlight

Market NewsBy Samuel ObayomiFebruary 7, 2020

Us job growth is one of the main drivers of US economy. US unemployment rate remained low at 3.50% in January 2020 while the US economy grew by 2.3% in 2019. These leads to expectations of US economic growth by 2% in 2020. Reuters  

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