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  • Profile
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    • Nigeria Economic Outlook Report
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    • Market News
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February 24, 2020

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FCSL DAILY MARKET REPORT & NSE PRICE LIST – 24th FEBRUARY, 2020

Daily Market ReportBy Samuel ObayomiFebruary 24, 2020

Equities Market · The Nigerian Equity Bourse recorded a downward swing, as NSE ASI and Market capitalization both decreased by 1.27% to 27,041.03 Index Points and N14.087 Tr respectively. Year-to-Date ASI is still at a positive of 0.74%. · Number of trade, Volume of trade and Value of trade all increased by 2.49%, 1.83% and…

Investors raise ECB rate cut bets on coronavirus fears

Market NewsBy Samuel ObayomiFebruary 24, 2020

Benchmark Interest rate is one of the main drivers of European economy. Euro zone money markets priced in around a 50% chance that the European Central Bank will cut interest rates by 10 basis points in July 2020 which is up from around 35% a week ago. This should boost growth in European economy. Reuters

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