July 10, 2020

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Equities Market · The Equity Bourse recorded an upward swing as the NSE ASI and Market capitalization both appreciated by 0.12% to 24,306.36 Index Points and N12.679 Tr respectively. Year-to-Date ASI is still at a Negative of -9.45%. · Number of Trades, Volume of Trades and Value of Trades all decreased by -22.80%, -38.06%…

Japan's economy to shrink at fastest pace in decades this fiscal year due to pandemic

Market NewsBy Samuel Obayomi July 10, 2020

Stimulus package is one of the current drivers of Japan’s economy. Economy of Japan is expected to contract by 5.3% in 2020. Japan has executed two stimulus packages totalling $2.2 trillion. The next stimulus package is expected to be worth about 1-2% of the Japan’s gross domestic product, which should aid in recovery of Japan’s…

July 10, 2020

Daily financial market update JULY 10 2020

Japan's economy to shrink at fastest pace in decades this fiscal year due to pandemic