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…
[pdf-embedder url=”https://www.fcslng.com/wp-content/uploads/2020/09/Daily-financial-market-update-September-24-2020.pdf” title=”Daily financial market Equities Market The Equity Market upward movement persisted, as ASI & Market capitalization increased by 0.79%, to close at 25,987.14 points and N13,581.26tr respectively. Year-to-Date ASI growth stood at (3.19%). Volume, Value, and No of trades all dipped by 13.30%, and 38.31%, 5.72% to N359.307M, N3.874B, and 3576 units NB…
The Monetary policy Committee affirmed to the aberration in the economy space, which is evidence by global, supply chain disruption, rising unemployment trend, volatile crude oil prices, and suppressed demand that have caved in since the pandemic outbreak. Given the level of domestic economic contraction, persistent elevated inflationary pressure, suppressed government revenue, unabated unemployment…
Equities Market The Equity Market trended upward, as ASI & Market capitalization increased by 0.50%, to close at 25,783.02 points and N13,474.54tr respectively. Year-to-Date ASI growth is at (3.95%). Volume, Value, and No of trades all appreciated by 58.50%, and 42.73%, 16.56% to N414.161M, N6.280B, and 3793 units INTBREW topped the gainers’ table with a…
Equities Market The Equity Market continued with an upward rally, as ASI & Market capitalization increased by 0.31%, to close at 25,654.90 points and N13,407.59tr respectively. Year-to-Date ASI growth is at (4.42%). Volume, and Value of trades both appreciated by 33.61%, and 154.63% to N262.046M, and N4.400B, while No of trade dipped by 8.13%…
Equities Market The Equity Market trended upward, as ASI & Market capitalization firmed up by 0.01%, to close at 25,574.35 points and N13,365.49tr respectively. Year-to-Date ASI growth is at (4.72%). Volume, and No of trades both appreciated by 1.36%, and 20.72% to N196.122M, and 3542 units, while Value of trade dipped by 6.39% to N1.728B…
Global Economy –Rundown: According to the organization of Economic Corporation and development have revised its economic outlook for the rest of the year, its global economic projection stands at 4.5% contraction, which is an improvement from the previous projection of global economic contraction of 6%, despite the improved projection, the global economy is still embodied…
The Equity Market rally continued, as ASI & Market capitalization appreciated by 0.05%, to close at 25,605.59 points and N13,358.07tr respectively. Year-to-Date ASI growth is at (4.61%). Volume, value and No. of trades all inched higher by 20.82%, 45.74%, and 10.13% to N257.028M, N3.320, and 3567 units. NEIMETH topped the gainers’ table with a percentage…
Global Economy –Rundown: The United Kingdom, as decided to thrown caution to the wind as regards, post-transition trade agreement with the European Union, as the former is seeking ascent to a bills to be legislated that will empower it not to request for ratification from EU as regards state aid involving the trade of goods…
Equities Market The Equity Market sustained its positive rally, as ASI & Market capitalization appreciated by 0.28%, to close at 25,591.95 points and N13,350.95tr respectively. Year-to-Date ASI growth is at (4.66%). Volume, and No. of trades both decreased by 10.04%, and 0.37% to N212.733M, and, 3239 units. While Value of trade increased by 38.23% to…
