Global Economy –Rundown: According to the International Monetary Fund recent publication, where it addresses concerns about the inconstancy of capital flows in the global ecosystem that was induced by the pandemic, whose ripple effect has been more pronounced in emerging markets that recorded huge cash outflow, where the halt of portfolio flows have translated to…
The Equity Market sustained its bullish rally, as ASI & Market capitalization both inched up by 1.74% to close at 37,443.40points and N19,570.15tr respectively. Year-to-Date ASI increased to 39.50%. Volume and No. of trades all inched higher by 0.17%, and 22.42%. Values of trades declined by 24.10% BOCGAS topped the gainers’ table with a percentage…
Global Economy –Rundown: Federal Reserve’s sustained its position in attaining price stability and full employment in propelling the United State economy through the challenging time, while it acknowledges that the pandemic still weighs on economic activity, employment, and inflation that poses a medium-term risk to the economy. The Fed resolve to retain the accommodative stand…
Equities Market The Equity Market upward trend was sustained, as ASI & Market capitalization both inched up by 2.10% to close at 36,239.62points and N18,940.98tr respectively. Year-to-Date ASI increased to 35.01%. Volume, and No. of trades both ebbed by 47.18% & 1.47%, While Value of trade increased by 90.21%. AIRTEL topped the gainers’ table…
Equities Market The Equity Market positive run continued, as ASI & Market capitalization both inched up by 0.76% to close at 35,493.15 points and N18,550.80tr respectively. Year-to-Date ASI increased to 32.23%. Value, and No. of trades both ebbed by 22.40% & 9.19%, While Volume of trade increased by 146.19%. MANSARD topped the gainers’ table with…
Equities Market The Equity Market continued with a southward movement, as ASI & Market capitalization both dipped by 0.04% to close at 35,021.26 points and N18,304.23tr respectively. Year-to-Date ASI ebbed to 30.47%. Volume and No. of trades both dipped by 8.00% and 14.47%, While Value of trade appreciated by 4.46% respectively. FTNCOCOA topped the gainers’…
The Equity Market continued with a southward movement, as ASI & Market capitalization both dipped by 0.09% to close at 35,033.74 points and N18,310.75tr respectively. Year-to-Date ASI ebbed to 30.52%. Value and No. of trades inched higher 2.57% and 9.71%, While Volume of trade dipped by 5.12% respectively. FTNCOCOA topped the gainers’ table with a…
Global Economy –Rundown: According to the recent Chinese November Purchasing Managers Index Readings that indicated industrial activities have snapped back to pre-pandemic activity levels, given that the current month readings is the highest in the last three years, as the official Manufacturing Purchasing Managers’ Index for the month was 52.1 index point as against prior…
The Equity Market sustained its upbeat, as ASI & Market capitalization both appreciated by 0.30% to close at 35,147.62 points and N18,364.78tr respectively. Year-to-Date ASI rose to 30.94%. Volume, Value, and No. of trades all dipped by 25.83%, 30.52%, and 14.28% respectively. CAVERTON topped the gainers’ table with a percentage price change of 9.88%, while…
Nigeria Breweries Plc The firm’s maintained its uninspiring performance, as both topline and bottom-line indicators were on a slide for the 9months reporting period. Gross earnings: NBplc, gross earnings for the period contracted marginally by 0.78% to N234.841million from N236.683million, this dip was propelled by decline recorded across the component that makes up the earnings…