FCSL WEEKLY MARKET REPORT_ 9TH OCTOBER, 2020

Global Economy –Rundown: China has reported some blossom economic data on its path to recovery from the Covid-19 economic shock, this is manifested by its encouraging PMI index that has indicated expansionary growth in recent month, however, the sustainability of such growth is threatened, as this was propelled by export-driven activities and this embedded with…

FCSL DAILY MARKET REPORT_6TH OCTOBER, 2020

Equities Market The Equity Market sustained its winning streak, as ASI & Market capitalization both increased by 4.92%, to close at 28,909.37 points and N15,110.46tr respectively. Year-to-Date ASI grew by 77%. Volume, Value, and No of trades all increased by 24.10%, 27.90%, and 34.94% to N749.468M, N9.495B, and 8075 units respectively. CORNERST topped the gainers’…

FCSL WEEKLY MARKET REPORT_ 2ND OCTOBER, 2020

  Global Economy –Rundown: China’s official Manufacturing Purchasing Manager’s Index for the month of September ramped up marginally by 0.50 index point to 51.50 index point from the previous month index readings of 51.00, the improved index was propelled by resilient export activities and infrastructure expansion that has resulted in enhanced demand and supply, as…