Equities Market The Equity Market winning streak persisted, as ASI & Market capitalization both inched higher by 0.28% to close at 28.777.96 points and N15,041.77tr respectively. Year-to-Date ASI rose to 21%. Volume, Value, and No of trades both inched by 20.44%,25.62%, and 43.95% to N340.804M, N5.561B and 4235 units, respectively. CUSTODIAN topped the gainers’ table…
Global Economy –Rundown: According to the International Monetary Fund, the Sub Saharan region is projected to contract by 3% for the year 2020, this was the view of the fund in its recent published outlook, given the persistent wave of the economic shock that is expected to be more exacerbated among tourism-dependent economies and commodity-exporting…
The Equity Market rebound from previous slide as ASI & Market capitalization both inched higher by 0.40%, to close at 28,563.87 points and N14,929.87tr respectively. Year-to-Date ASI rose to 41%. Volume and No of trades both dipped by 4.67%, and 22.72% to N311.333M and 3375 units respectively, while Value. of trade grew by 11.03%. UACN…
The Equity Market firmed up, as ASI & Market capitalization both increased by 0.03%, to close at 28,665.82 points and N14,983.16tr respectively. Year-to-Date ASI rose to 6.79%. Value and No of trades both decreased by 13.89%, and 7.72% to N2.927B and 5132 units respectively, while volume of trade increased by 3.48% to N297.312M. INTBREW topped…
Equities Market The Equity Market eased off some marginal gains ASI & Market capitalization both contracted by 0.004%, to close at 28,658.31 points and N14,979.23tr respectively. Year-to-Date ASI stood at 77%. Volume, Value, and No of trades all decreased by 41.26%, 27.99%, and 9.20% to N287.301M, N3.399B, and 5132 units respectively. INTBREW topped the gainers’…
Global Economy –Rundown: According to IMF recent global economic outlook for the year, it has projected that the global economy will be contracting by 4.4% which is a slight improvement to its earlier projection of a 4.9% economic contraction, this slight moderation was fueled by glimpse of recovery exhibited, as the global economy becomes geared…
Macro economy The Purchasing Managers Index for the month maintained contractionary bandwidth, as both Manufacturing and Non-manufacturing PMI were 46.9 index points and 41.9 index points respectively. According to the 14 subsectors of the Manufacturing activities surveyed, 4 subsectors were within the expansionary corridor, whereas of the 5 activities level of the manufacturing sectors, only…
Equities Market The Equity Market was relatively flat as ASI & Market capitalization both appreciated by 0.001%, to close at 28,344.04 points and N14,814.97tr respectively. Year-to-Date ASI stood at 60%. Volume, Value, and No of trades all increased by 59.66%, 60.56% and 3.90% to N342.193M, N5.040B, and 4048 units respectively. ETERNA topped the gainers’ table…
The consumer price index for the month of September maintained its elevated pressure as the index for the month was 13.71%, which represents a 0.49 percentage change from the previous month Consumer Price Index of 13.22%. The connecting index to the Consumer Price Index, returned elevated indices for the month, as both food item inflation…
Equities Market The Equity Market was relatively flat as ASI & Market capitalization both appreciated by 0.001%, to close at 28,344.33 points and N14,815.12tr respectively. Year-to-Date ASI stood at 60%. Volume, Value, and No of trades all contracted by 59.24%, 37.46% and 13.38% to N218.425M, N3.139B, and 3896 units respectively. ETERNA topped the gainers’ table…
