Equities Market The Equity Market continued in its downward trend as ASI & Market capitalization contracted further by 0.39% to 38,766.61, points and N20,282.91 trn respectively. Year-to-Date ASI, as well, dropped further to (3.73%). No of trades increased by 5.06% but Volume and Value contracted by 6.19% and 7.43% respectively. ETERNA topped the Gainers table…
Equities Market The Equity Market took a bearish turn during today’s trading session. ASI & Market capitalization declined by 0.57% to 39,267.11 points and N20,554.76 trn respectively. Likewise, Year-to-Date ASI dropped to (2.49%). Volume, Value and No of deals plummeted. Volume and Value of trades dropped by 35.63% and 69.31% respectively, and No of deals…
Equities Market The Equity Market ASI & Market capitalization climbed upwards by 0.71% to 39,493.37 points and N20,663.14 trn respectively. Likewise, Year-to-Date ASI increased, settling at (-1.93%). The highest traded stock by volume and value was GUARANTY. Volume, Value, and No of deals all soared upwards during this trading session. Volume and Value of trades…
Equities Market The Equity Market retained its positive trend as ASI & Market capitalization marginally increased by 0.53% to 39,293.14 points and N20,558.37 trn respectively. Year-to-Date ASI climbed up to (2.43%). Volume, Value of trades and No. of trades all declined during today’s trading activity: Volume (36.61%), Values (33.69%) and No of trades (6.58%). WAPIC…
Equities Market The Equity Market regained its upward stream as ASI & Market capitalization gained ground by 0.98% to 39,085.78 points and N20,449.87 tr respectively. Year-to-Date ASI increased to (2.94%). Volume and Value of trades declined by 11.81% and 4.75% respectively; No. of trades rose by 06%. STANBIC topped the gainers’ chart with a percentage…
Global Economy –Rundown: The International Monetary Fund has reechoed about the increasing rate of divergence between developed and emerging economies as the Fund estimate that about 90 million persons globally would have fallen below the extreme poverty threshold since the outbreak of the pandemic. The Fund projected that the aggregate income per capita for both…
Equities Market The Equity Market retracted from the previous day’s slide as ASI & Market capitalization both increased by 0.54% to 38,914.84 points and N20,360.44tr respectively. Year-to-Date ASI moderated to (3.37%). Volume and Values expanded by 727.76% and 118.64% respectively, but No. of trades retracted by 1.54%. ETERNA topped the gainers’ table with a percentage…
Global Economy –Rundown: According to the United State Labour Department which revealed that the Consumer Price Index for February increased by 0.4%, as the 12 months CPI through February was 1.7%, and this is the largest increase recorded since February 2020, and the month increased index was propelled by improved prices of gasoline. Based on…
Global Economy –Rundown: The Trade deficit in the month of January for United State grew by 1.9% to $68.2 Billion, this was propelled by 1.6% growth recorded on Imported goods worth over $ 221Billion, as consumer spending surged due to the recent lockdown measures, as economic activities were disrupted for the month, this translated to…
