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February 28, 2020

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Daily financial market update 2020 FEB 28

Daily Market ReportBy Samuel ObayomiFebruary 28, 2020

Equities Market · The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 2.21% to 26,216.46 Index Points and N13.658 Tr respectively. Year-to-Date ASI is now at a negative of -2.21%. · Number of trade, Volume of trade and Value of trade all increased by 44.76% 79.81% and…

Coronavirus may make German economy miss growth forecasts

Market NewsBy Samuel ObayomiFebruary 28, 2020

Inflation is one of the main drivers of Germany’s economy. ECB’s inflation target is currently below but close to 2% while Bundesbank’s predicts a 0.6% GDP expansion in 2020. Coronavirus may lead to German Economy not meeting its growth forecast. Reuters

Daily financial market update 2020 FEB 27

Daily Market ReportBy Samuel ObayomiFebruary 28, 2020

Equities Market · The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.62% to 26,808.24 Index Points and N13.966 Tr respectively. Year-to-Date ASI is now at a negative of -0.13%. · Volume of trade and Value of trade both increased by 1.38% and 63.69% to 231.53 Million…

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