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February 21, 2020

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Daily financial market update 2020 FEB 21

Daily Market ReportBy Samuel ObayomiFebruary 21, 2020

Equities Market · The Nigerian Equity Bourse recorded a downward swing, as NSE ASI and Market capitalization both decreased by 0.65% to 27,388.62 Index Points and N14.268 Tr respectively. Year-to-Date ASI is still at a positive of 2.04%. · Number of trade and Value of trade both increased by 5.64% and 54.68% to 4423 and…

Fed's Bostic: No need to 'do anything' with current policy stance

Market NewsBy Samuel ObayomiFebruary 21, 2020

US benchmark Interest rate is one of the main drivers of US economy. US benchmark interest rate is set in a range of 1.50% to 1.75% which should lead to U.S. economy growing at a 2.00% to 2.25% annualized rate in 2020. Reuters

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