Equities Market The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.30% to 26,584.45 Index Points and N12.83Tr respectively. Year-to-Date ASI is still at a Negative of 42%. No of trade and Value of trade both decreased by 4.98%, and 1.18% to 2,690 No of trade and…
European Central bank (ECB) and Sweden’s central bank (Riksbank) Benchmark rates are part of the main drivers of Euro zone bond yields. Riksbank raised its benchmark repo rate by a quarter point to zero (0) while ECB cut its deposit rate by 10 basis points to -0.5% in September. These led to Germany’s (the Eurozone’s…
Equities Market The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.02% to 26,665.73 IndexPoints and N12.87 Tr respectively. Year-to-Date ASI is still at a Negative of 16%. No of trade, Volume of trade and Value of trade all decreased by 15.69%, 29.90% and 33.35% to 2,831…
Domestic Economy –Rundown: According to the Banking sectors data for quarter 3 of 2019, revealed that the aggregate credit disburse to the private sector sum-up to N16.251trillion, which represent a 7.39% growth on a quarter on quarter basis, according to sector allocation, the Oil & Gas and Manufacturing of the industry sector were the largest…
Euro zone yields steady after falling on renewed Brexit jitters US –CHINA trade talks and Brexit are part of the main drivers Euro zone bond yields. Britain has set a hard deadline of December 2020 to reach a new trade deal with the European Union while the Euro zone economy is anticipating an agreement on…
Equities Market The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.13% to 26,660.44 IndexPoints and N12.868 Tr respectively. Year-to-Date ASI is still at a Negative of 18%. No of trade, Volume of trade and Value of trade all increased by 24.37%, 94.64% and 133.14% to 3,358…
Energy trade is one of the main drivers of the European Union (EU) trade balance. The EU exports increased by 4.1% and imports decreased by 3.2% leading to EU trade surplus rising to 28.0 billion Euros ($30.9 billion) in October 2019 from 13.2 billion in October 2018. The EU Energy imports reduced by 7.7% between…
Equities Market The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.60% to 26,695.18 IndexPoints and N12.884 Tr respectively. Year-to-Date ASI is still at a Negative of 07%. Volume and Value of trade both increased by 9.77% and 43.21% to 170.524 Million Volume of trade and N2.051…
US – CHINA trade talks & BREXIT are one of the main drivers of foreign exchange (FOREX) market. The volume of FOREX traded daily declined by 4.2% in November 2019 to $1.61 trillion from $1.68 trillion as at November 2019 while declining by 10% when compared with October 2019. FOREX volumes have been rising in…
Equities Market The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.13% to 26,536.21 IndexPoints and N12.808 Tr respectively. Year-to-Date ASI is still at a Negative of 57%. Volume and Value of trade both decreased by 51.41% and 53.40% to 155.347 Million Volume of trade and N1.432…
