Equities Market The Equity Market eased off some marginal gains ASI & Market capitalization both contracted by 0.004%, to close at 28,658.31 points and N14,979.23tr respectively. Year-to-Date ASI stood at 77%. Volume, Value, and No of trades all decreased by 41.26%, 27.99%, and 9.20% to N287.301M, N3.399B, and 5132 units respectively. INTBREW topped the gainers’…
Global Economy –Rundown: According to IMF recent global economic outlook for the year, it has projected that the global economy will be contracting by 4.4% which is a slight improvement to its earlier projection of a 4.9% economic contraction, this slight moderation was fueled by glimpse of recovery exhibited, as the global economy becomes geared…
Macro economy The Purchasing Managers Index for the month maintained contractionary bandwidth, as both Manufacturing and Non-manufacturing PMI were 46.9 index points and 41.9 index points respectively. According to the 14 subsectors of the Manufacturing activities surveyed, 4 subsectors were within the expansionary corridor, whereas of the 5 activities level of the manufacturing sectors, only…
Equities Market The Equity Market was relatively flat as ASI & Market capitalization both appreciated by 0.001%, to close at 28,344.04 points and N14,814.97tr respectively. Year-to-Date ASI stood at 60%. Volume, Value, and No of trades all increased by 59.66%, 60.56% and 3.90% to N342.193M, N5.040B, and 4048 units respectively. ETERNA topped the gainers’ table…
The consumer price index for the month of September maintained its elevated pressure as the index for the month was 13.71%, which represents a 0.49 percentage change from the previous month Consumer Price Index of 13.22%. The connecting index to the Consumer Price Index, returned elevated indices for the month, as both food item inflation…
Equities Market The Equity Market was relatively flat as ASI & Market capitalization both appreciated by 0.001%, to close at 28,344.33 points and N14,815.12tr respectively. Year-to-Date ASI stood at 60%. Volume, Value, and No of trades all contracted by 59.24%, 37.46% and 13.38% to N218.425M, N3.139B, and 3896 units respectively. ETERNA topped the gainers’ table…
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…
