The Equity Market retracted from previous losses as ASI & Market capitalization both appreciated by 0.02%, to close at 28,344.04 points and N14,814.97tr respectively. Year-to-Date ASI rose by 60%. Value, and No of trades both contracted by 0.81%, and 5.31% to N5.019B, and 4,498 units respectively, however Volume of trade rose by 45.14%. ETERNA topped…
The Equity Market weak momentum persisted, as ASI & Market capitalization both dipped by 0.27%, to close at 28,337.49 points and N14,811.55tr respectively. Year-to-Date ASI retreated to 57%. Volume, and No of trades both contracted by 3.90%, and 17.52% to N367.178M, and 5759 units respectively, however Value of trade rose by 26.53%. ETERNA topped the…
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…
Equities Market The Equity Market run out of steam of its bullish rally, as ASI & Market capitalization both dipped by 0.31%, and 0.36% to close at 28,546.22 points and N14,913.51tr respectively. Year-to-Date ASI ebbed to 35%. Volume, Value, and No of trades all contracted by 31.64%, 48.49%, and 33.54% to N569.377M, N4.914B, and 6101…
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’…
The Equity Market uptick still persisted, as ASI & Market capitalization increased by 2.11% and 0.68%, to close at 27,554.49 points and N14,402.28tr respectively. Year-to-Date ASI grew by 65%. Volume, Value, and No of trades all increased by 31.35%, 72.45%, and 21.43% to N603.946M, N7.424B, and 5984 units respectively. GLAXOSMITH topped the gainers’ table…
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…
Equities Market The Equity Market closed the third quarter on a bullish run As, ASI & Market capitalization increased by 0.83% and 0.94%, to close at 26,831.76 points and N14,039.02tr respectively. Year-to-Date ASI growth stood at (0.04%). Volume, Value, and No of trades all dipped by 21.87%, 10.80%, and 13.57% to N322.773M, N4.039B, and 4046…
Equities Market The Equity Market bullish rally persisted, as ASI & Market capitalization increased by 0.72%, to close at 26,507.84 points and N13,853.39tr respectively. Year-to-Date ASI growth stood at (1.25%). Volume, and No of trades all inched up by 0.32%, and 8.77% to N336.833M, and 4602 units, while the value of trade dipped by 5.80%…
Global Economy –Rundown: The possibility of securing lawmakers assent for an additional relief package prior to the election remains faint, as such the Fed Chair and Treasury Secretary have requested from the United State lawmakers to consider approving the utilization of the unused pandemic aid that is estimated at about $380 billion, this call is…
