HIGHLIGHT OF HALF YEAR AUDITED ACCOUNT 2020
UBA GUARANTY TRUST BANK
Global Economy –Rundown: The United State’s citizens filing for unemployment benefits claims receded below the million mark, based on prior week labour data, and this is the second time since COVID 19 outbreak, this slide was fueled by a seasonal adjustment which resulted in the 881,000 unemployment benefit claims for the week ended 29th August,…
Equities Market The Equity Market bullish sentiment persisted, as ASI & Market capitalization increased by 0.37%, to close at 25,605.64 points and N13,358.10tr respectively. Year-to-Date ASI growth is at (4.61%). Volume, and Value of trades, and No. of trade all increased by 80.56%, 188.06% & 22.95% to N419.660M, and N3.788Bn, and 4152 units respectively. LAWUNION…
Equities Market The Equity Market maintained its positive rally, as ASI & Market capitalization increased by 0.20%, to close at 25,511.02 points and N13,308.73tr respectively. Year-to-Date ASI growth is at (4.96%). Volume, and Value of trades both increased by 28.18% & 17.20% to N232.416M, and N1.315Bn respectively. While No. of trade decreased by 0.91% to…
Equity Bourse trended upward, as ASI & Market capitalization traded inched higher by 0.18%, to close at 25,460.00 points and N13,282.11tr respectively. Year-to-Date ASI growth is at (5.71%). Volume, and Value of trades both dipped by 83.12% & 46.70% to N181.320M, and 1.122Bn respectively. While No. of trade increased by 5.81% to 3,408 units CORNERST…
Global Economy –Rundown: The American economic landscape was stirred to a new shift in Fed reserves Monetary Policy approach by leaving inflation to hover at an average inflationary target of 2%, and the employment benchmark will be accounted for by deficits from the maximum targeted benchmark, as prior indicators have been deviations from the maximum…
Equities Market The Equity Market ended the trading week on a positive note as both the ASI & Market capitalization appreciated by 0.02%, to close at 25,309.37 points and N13,203.66tr respectively. Year-to-Date ASI growth is at (5.71%). Volume, Value, and No of trades all decline by 45.46%, 41.67%, and 2.88% to N137.055M, 0.921B, and 2,869…
The Equity Market week upward rally was halted as both the ASI & Market capitalization dipped by 0.10%, to close at 25,304.25 points and N13,200.99tr respectively. Year-to-Date ASI growth is at (5.73%). Volume, and Value of trades both trended up by 39.04% 16.53% to N251.296M, and 1.579Bn respectively, while no of trade trended low…
Equities Market The Equity Market trended up as both the ASI & Market capitalization appreciated by 0.15%, to close at 25,330.10 points and N13,214.48tr respectively. Year-to-Date ASI growth is at (5.63%). Volume, and No. of trades both dipped by 28.09% & 8.13% to N180.733M, and 3,411 respectively, while VALUE of trade increased by 16.01% to…