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July 1, 2020

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Daily financial market update JULY 01 2020

Daily Market ReportBy Samuel ObayomiJuly 1, 2020

Equities Market · The Equity Bourse recorded an upward swing as the NSE ASI and Market capitalization both appreciated by 0.47% to 24,595.05 Index Points and N12,830.23 Tr. respectively. Year-to-Date ASI is still at a Negative of -8.37%. · Number of Trades, Volume of Trades and Value of Trades all decreased by -15.50%, -29.45%…

Asia's factory pain eases as region emerges from pandemic

Market NewsBy Samuel ObayomiJuly 1, 2020

Asia’s Factory activities is one of the main driver’s of the Global Economy. The global economy is expected to shrink by 4.9% this year and rebound by just 5.4% next year. China’s PMI rose to 51.2 in June 2020 from 50.7 in May 2020. Japan’s PMI rose to 40.1 in June, while South Korea’s PMI…

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