Skip to content
FCSL
FCSL
  • Profile
  • Services
  • Phoenix Funds
  • Resources
    • Nigeria Economic Outlook Report
    • Pricelist
    • Downloads
    • Monthly Reports
    • Market News
    • Earnings Updates
    • Economy Highlights
    • FAQ – Frequently Asked Questions
  • Career
  • Contact
  • Open an Account
    • Account Opening (Individual)
    • Account Opening (Corporate)
    • Joint Account Form
    • Client Update Form
      • Client Update Form – Individuals
      • Client Update Form – Corporate
      • Client Update Form – Estate
  • Profile
  • Services
  • Phoenix Funds
  • Resources
    • Nigeria Economic Outlook Report
    • Pricelist
    • Downloads
    • Monthly Reports
    • Market News
    • Earnings Updates
    • Economy Highlights
    • FAQ – Frequently Asked Questions
  • Career
  • Contact
  • Open an Account
    • Account Opening (Individual)
    • Account Opening (Corporate)
    • Joint Account Form
    • Client Update Form
      • Client Update Form – Individuals
      • Client Update Form – Corporate
      • Client Update Form – Estate

February 2020

You are here:
  1. Home
  2. 2020
  3. February

Daily financial market update 2020 FEB 13

Daily Market ReportBy Samuel ObayomiFebruary 13, 2020

Equities Market · The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.05% to 27,864.84 Index Points and N14.513Tr respectively. Year-to-Date ASI is still at a positive of 3.81%. · Number of trade and Volume of trade both decreased by 9.12% and 1.10% to 3198 and 150.725…

Despite $1 trillion deficits, Trump tax cuts will still 'pay for themselves': Mnuchin

Market NewsBy Samuel ObayomiFebruary 13, 2020

Fiscal policies are one of the main drivers of US economy. US budget deficit is expected to average $1.3 trillion a year over the next decade, while US economy is expected to grow by 2.2% in 2020, with the growth rate falling below 2.0% in future years. Reuters

Daily financial market update 2020 FEB 12

Daily Market ReportBy Samuel ObayomiFebruary 12, 2020

Equities Market · The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.02% to 27,878.43 Index Points and N14.520Tr respectively. Year-to-Date ASI is still at a positive of 3.86%. · Number of trade, Volume of trade and Value of trade all decreased by 4.63%, 44.84% and 34.29%…

Fed's Powell says economy in good place, warns on Coronavirus

Market NewsBy Samuel ObayomiFebruary 12, 2020

Inflation & Interest rates are one of the main drivers of US economy. US Short-term borrowing costs target is between 1.50% and 1.75%, while inflation based on the price index for personal consumption expenditures was 1.6% in 2019.These places US economy in a position of continued expansion. Reuters

Daily financial market update 2020 FEB 11

Daily Market ReportBy Samuel ObayomiFebruary 11, 2020

Equities Market · The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.36% to 27,871.90 Index Points and N14.516Tr respectively. Year-to-Date ASI is still at a positive of 3.84%.   · Number of trade, Volume of trade and Value of trade all increased by 5.82%, 38.03% and…

Trump's $4.8 trillion budget gets chilly reception from Congress

Market NewsBy Samuel ObayomiFebruary 11, 2020

Annual Budget is one of the main drivers of US economy. The US economy grew by 2.3% in 2019, while President Donald Trump’s is proposing $4.8 trillion budget for 2020. These should lead to US economy growth of 2.2% in 2020. Reuters  

Daily financial market update 2020 FEB 10

Daily Market ReportBy Samuel ObayomiFebruary 10, 2020

Equities Market · The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 1.05% to 27,772.19 Index Points and N14.464Tr respectively. Year-to-Date ASI is still at a positive of 3.47%.   · Number of trade, Volume of trade and Value of trade all decreased by 17.82%, 34.14% and…

China 2019 fiscal spending up 8.1%, faster than economic growth

Market NewsBy Samuel ObayomiFebruary 10, 2020

China fiscal spending is one of the main drivers of Chinese Economy. China fiscal spending increased by 8.1% in 2019 while fiscal revenue increased by 3.8% in 2019. These led to growth in Chinese economy by 6.1% in 2019. Reuters

FCSL WEEKLY MARKET REPORT -7TH FEBRUARY,2020

Weekly ReportBy Samuel ObayomiFebruary 10, 2020

  Global Economy –Rundown: United State labour data that was released for the month of January 2020, revealed a steady gains, which was indicated by the 53.06% growth in payrolls increase from the previous month rate that stood at 147,000 acceleration to the current month 225,000 payroll increase, this simply provides an empirical basis for…

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…

←12345→
FCSL © 2025. All rights reserved
  • About us
  • Blog
  • Contact
  • FAQ
  • Privacy Notice
Useful links
Go to Top