FCSL DAILY MARKET REPORT 25TH MARCH 2021

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…

FCSL DAILY MARKET REPORT 24TH MARCH 2021

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…

FCSL WEEKLY MARKET REPORT 19TH MARCH 2021

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…

FCSL DAILY MARKET REPORT 18TH MARCH 2021

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…

FCSL WEEKLY MARKET REPORT 12TH MARCH 2021

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…

FCSL WEEKLY MARKET REPORT 5TH MARCH 2021

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…

FCSL DAILY MARKET REPORT 4TH MARCH 2021

Equities Market The Equity Market sustained its losing streak, as ASI & Market capitalization both dipped by 0.40% to 39,364.67 points and N20,595.79tr respectively. Year-to-Date ASI declined to (2.25%). Volume, Value, and No. of trades all grew by101,.84%, 14.39%, and 16.38%, respectively. UPL topped the gainers’ table with a percentage price change of 9.91%, while…

FCSL DAILY MARKET REPORT 3RD MARCH, 2021

The Equity Market maintained its bearish sentiment, as ASI & Market capitalization both dipped by 0.37% and 0.44% to 39,552.06 points and N20,678.14tr respectively. Year-to-Date ASI declined to (1.78%). Volume, and No. of trades both grew by 9.78%, and 5.46%, respectively, while Value of trade declined by 23.41% SEPLAT topped the gainers’ table with a…

FCSL DAILY MARKET REPORT 2ND MARCH 2021

Equities Market The Equity Market nosedive at today’s trading session, as ASI & Market capitalization, both dipped by 0.59% to 39,697.62 points and N20,769.99tr respectively. Year-to-Date ASI declined to (1.42%). Volume, and No. of trades both declined by 59.08%, and 4.34%, respectively, while the Value of trade increased by 185.49% ACADEMY topped the gainers’ table…