Global Economy –Rundown: According to the recent Chinese November Purchasing Managers Index Readings that indicated industrial activities have snapped back to pre-pandemic activity levels, given that the current month readings is the highest in the last three years, as the official Manufacturing Purchasing Managers’ Index for the month was 52.1 index point as against prior…
The Equity Market sustained its upbeat, as ASI & Market capitalization both appreciated by 0.30% to close at 35,147.62 points and N18,364.78tr respectively. Year-to-Date ASI rose to 30.94%. Volume, Value, and No. of trades all dipped by 25.83%, 30.52%, and 14.28% respectively. CAVERTON topped the gainers’ table with a percentage price change of 9.88%, while…
Nigeria Breweries Plc The firm’s maintained its uninspiring performance, as both topline and bottom-line indicators were on a slide for the 9months reporting period. Gross earnings: NBplc, gross earnings for the period contracted marginally by 0.78% to N234.841million from N236.683million, this dip was propelled by decline recorded across the component that makes up the earnings…
Global Economy –Rundown: As the transition period between Britain and the European Union elapses, the post bilateral trade relationship between them still hangs in the balance, as critical issues around fishing, state aid, and how future disputes should be resolved, and both parties playing tough guy as the transition date of 31st December, 2020 inches…
Equities Market The Equity Market continued with its downward movement, as ASI & Market capitalization both dipped by 0.69% to close at 34,795.82points and N18,181.86tr respectively. Year-to-Date ASI ebbed to 29.63%. Volume, Value, and, No of trades all declined by 46.39%, 51.81% and 23.18%. BOCGAS topped the gainers’ table with a percentage price change of…
Equities Market The Equity Market bullish sentiment remained strong, as ASI & Market capitalization both inched up by 1.90%, to close at 33,268.36 points and N17,383.72tr respectively. Year-to-Date ASI increased to 23.94%. Volume, Value, and, No of trades all inched higher by 48.27%, 17.05% and 6.42%. GUINNESS topped the gainers’ table with a percentage price…
Global Economy –Rundown: The United States Fed Reserve maintained its key benchmark rate at 0%- 0.25%, while policymakers held that the economy is not out of the woods of economic struggles despite splashes of rebound in economic activity, as the economy remains below the pre-pandemic levels. The recent economic trajectory remained within the cautious territory,…
The Equity Market bullish sentiment continued, as ASI & Market capitalization both inched up by 3.81% and 3.96%, to close at 32,243.05 points and N16, 847.96tr respectively. Year-to-Date ASI increased to 20.12%. Value, and No of trades both increased by 57.44%, and 13.47%, while Volume of trade decreased by 0.23%. WAPCO topped the gainers’ table…
Equities Market The Equity Market eased off its upward rally marginally, as ASI & Market capitalization both dipped by 0.01% and 0.04%, to close at 30,738.92 points and N16,062.01tr respectively. Year-to-Date ASI ebbed to 14.52%. Volume, Value, and No of trades all inched higher by 50.16%, 113.86%, and 49.50% respectively. TRANSCORP topped the gainers’ table…
Equities Market The Equity Market sustained its upward rally as ASI & Market capitalization both appreciated by 0.03%, to close at 30,741.88 points and N16,068.28tr respectively. Year-to-Date ASI rose to 14.53%. Volume, Value, and No of trades both declined by 14.77%, 20.44%, and 48.18% respectively. CHIPLC topped the gainers’ table with a percentage price change…
