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February 20, 2020

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Daily financial market update 2020 FEB 20

Daily Market ReportBy Samuel ObayomiFebruary 20, 2020

Equities Market · The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.17% to 27,568.91 Index Points and N14.362 Tr respectively. Year-to-Date ASI is still at a positive of 2.71%. · Number of trade and Volume of trade both increased by 18.68% and 67.15% to 4187 and…

U.S. weekly jobless claims rise slightly; mid-Atlantic factory activity accelerates

Market NewsBy Samuel ObayomiFebruary 20, 2020

US employment level is one of the main drivers of US Economy. US unemployment rate rose by 0.1% to 3.6%, while 225,000 jobs were created in January after adding 147,000 positions in December. These have led to an increase in claims of state unemployment benefits due to increase in Labour force. Reuters

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