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…
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…
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…
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…
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…
Global Economy –Rundown: The United State consumer spending for the month of January exceeded the previous month’s growth, as it grew by 2.4% compared to the dip of 0.4% recorded in December 2020. The encouraging consumer’s data for the month was attributed to the economic relief package availed to the low-income household as well as…
Equities Market The Equity Market rebounded, as ASI & Market capitalization both inched up by 0.03% to 40,164.86 points and N21,014.45tr respectively. Year-to-Date ASI firmed up to (0.26%). Volume, Value, and No. of trades all increased by 16.80%, 7.58% and 5.63%, respectively. LIVESTOCK topped the gainers’ table with a percentage price change of 7.14%, while…
Equities Market The Equity Market slump’s further, as ASI & Market capitalization both dipped by 0.08% to 40,154.09 points and N21,008.82tr respectively. Year-to-Date ASI declined to (0.29%) Value, and No. of trades both increased by 23.03% and 12.75%, while volume of trades declined by 5.99% respectively. UPDCREIT topped the gainers’ table with a percentage price…
Global Economy –Rundown: The United State Federal Reserve’s reaffirm its commitment towards offering continuous monetary support to the economy until full recovery is attained, as the U.S. economy remained submerged with the economic woes of the pandemic outbreak. The Fed signaled its intention to remain dovish with its Monetary stand all through to at least…
