Equities Market The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.31% to 29,710.56 Index Points and N15.304Tr respectively. Year-to-Date ASI is still at a positive of 10.69%. Number of trade and Value of trade both increased by 21.01% and 17.70% to 5052 and N4.184 Billion respectively…
The European Central Bank (ECB) policies are one of the main drivers of European Union Economy. ECB has kept inflation target below 2% since 2003 while Sweden’s Central Bank (Riksbank) has increased from its negative interest rate to 0%. These are driven by the ECB estimate of 10% rise in Oil price having a negative…
Equities Market The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.91% to 29,618.52 Index Points and N15.256Tr respectively. Year-to-Date ASI is still at a positive of 10.34%. Number of trade, Volume of trade and Value of trade all decreased by 10.29%, 16.06% and 29.16% to 4175,…
US – China trade is one of the main drivers of China’s Economy. China’s growth decreased to 6.1% in 2019 from 6.6% in 2019 due to the Us –China Trade war while Industrial output, retail sales and Fixed-asset investment increased in 2019. China’s growth is expected to remain steady in 2020 due to the signing…
Equities Market The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 1.00% to 29,352.13 Index Points and N15.142Tr respectively. Year-to-Date ASI is still at a positive of 9.35%. Number of trade, Volume of trade and Value of trade all increased by 7.11%, 7.52% and 77.01% to 4654,…
US – China trade talk is one of the main drivers of US and China Economy. The trade deal is expected to add 0.5% point to US GDP in both 2020 and 2021 while halving tariff rate to 7.5% on about $120 billion worth of Chinese goods. Reuters
Equities Market The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.75% to 29,062.50 Index Points and N14.992Tr respectively. Year-to-Date ASI is still at a positive of 8.27%. Number of trade, Volume of trade and Value of trade all decreased by 23.92%, 46.00%, 56.49% to 4345, 360.076…
US producer prices is one of the main drivers of US economy. US producer price index increased by 1.3% in December 2019 while labor market slack dropped to 6.7%. These led to strong readings in December 2019 consumer inflation report. Reuters
Equities Market The Nigerian Equity Bourse recorded a downward swing, as NSE ASI and Market capitalization both decreased by 1.18% to 29,283.15 Index Points and N15.106Tr respectively. Year-to-Date ASI is still at a positive of 09%. Number of trade and Volume of trade both increased by 6.21% and 91.47% to 5711 and 666.783 Million while…
Global Economy –Rundown: The world Economic outlook for 2020, is pegged at a growth rate of 2.5%, amidst persisting weakness trailing investment and trading activity globally, while advanced economies growth for the year is estimated at 1.4%, this projection hinge on the continued flagging manufacturing data. Growth estimate for emerging market and developing economies is…
