Benchmark interest rates are part of the main drivers of China’s economy. One-year loan prime rate (LPR) stands at 3.85 %, while the five-year tenor was at 4.65%. China’s Gross domestic product (GDP) shrank 6.8% in the first quarter from a 2019 first quarter as the Coronavirus outbreak and tough containment measures paralyzed activity across…
Equities Market The Equity Bourse continued with an upward movement as the NSE ASI and Market capitalization appreciated by 0.48% to 21,861.78 Index Points and N11,393.34 Tr. respectively. Year-to-Date ASI is still at a Negative of 18.55%. Volume, Value and No of Deals all appreciated by 46.03%, 77.95% and 12.03% respectively. GLAXOSMITH topped the gainers’…
Equities Market The Equity Bourse resurged from the previous day downward slide as the NSE ASI and Market capitalization appreciated by 0.13% to 21,757.47 Index Points and N11,338.97Tr. respectively. Year-to-Date ASI is still at a Negative of 94%. Volume, Value and No of Deals all decline by 26.26%, 15.72% and 8.57% respectively. UBN topped the…
Equities Market The Equity Bourse recorded a marginal upswing to retreat from its subdued run as the NSE ASI and Market capitalization appreciated by 0.19% to 21,741.16 Index Points and N11,329.86Tr. respectively. Year-to-Date ASI is still at a Negative of 00%. Volume, Value and No of Deals all decline by 28.91%, 7.66% and 22.47% respectively.…
Monetary policy is one of the main drivers of Britain’s economy. BoE has made two emergency cuts to interest rates, taking the official cost of borrowing down to 0.1% from 0.75%. These led to Public expectations for decreasing inflation over the next year and next five years. Reuters
Equities Market · The Nigerian Equity Bourse recorded a downward swing, as NSE ASI and Market capitalization both decreased by 3.12% to 22,078.58 Index Points and N11.506 Tr respectively. Year-to-Date ASI is Still at a negative of -17.75%. · Number of trade, Volume of trade and Value of trade decreased by 24.80%, 21.69%…
Monetary policy is one of the main drivers of Euro area’s economy. The European Central Bank launched new bond purchases worth 750 billion euros, bringing its planned purchases for this year to 1.1 trillion euro while leaving its -0.5% deposit rate unchanged. These should boost the eurozone economy reducing the negative impact of Coronavirus. Reuters
Equities Market · The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 1.09% to 22,789.64 Index Points and N11.876 Tr respectively. Year-to-Date ASI is Still at a negative of -15.10%. · Number of trade and Volume of trade decreased by 1.64% and 0.65% to 7247 and…
Trade is one of the main drivers of Japan’s economy. Japan’s exports decreased by 1.0% compared with February 2019, while imports decreased by 14.0%. These led to a trade surplus of 1.110 trillion yen ($10.34 billion) which should improve Japan’s Economy. Reuters
Equities Market · The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.71% to 22,543.07 Index Points and N11.748 Tr respectively. Year-to-Date ASI is Still at a negative of -16.02%. · Number of trade, Volume of trade and Value of trade all increased by 5.54%, 22.56% and…
