The Equity Market rebound from previous slide as ASI & Market capitalization both inched higher by 0.40%, to close at 28,563.87 points and N14,929.87tr respectively. Year-to-Date ASI rose to 41%. Volume and No of trades both dipped by 4.67%, and 22.72% to N311.333M and 3375 units respectively, while Value. of trade grew by 11.03%. UACN…
FCSL DAILY MARKET REPORT _ 20TH OCTOBER, 2020
The Equity Market firmed up, as ASI & Market capitalization both increased by 0.03%, to close at 28,665.82 points and N14,983.16tr respectively. Year-to-Date ASI rose to 6.79%. Value and No of trades both decreased by 13.89%, and 7.72% to N2.927B and 5132 units respectively, while volume of trade increased by 3.48% to N297.312M. INTBREW topped…
FCSL DAILY MARKET REPORT 19TH OCTOBER_2020
Equities Market The Equity Market eased off some marginal gains ASI & Market capitalization both contracted by 0.004%, to close at 28,658.31 points and N14,979.23tr respectively. Year-to-Date ASI stood at 77%. Volume, Value, and No of trades all decreased by 41.26%, 27.99%, and 9.20% to N287.301M, N3.399B, and 5132 units respectively. INTBREW topped the gainers’…
FCSL WEEKLY MARKET REPORT_ 16TH OCTOBER_2020
Global Economy –Rundown: According to IMF recent global economic outlook for the year, it has projected that the global economy will be contracting by 4.4% which is a slight improvement to its earlier projection of a 4.9% economic contraction, this slight moderation was fueled by glimpse of recovery exhibited, as the global economy becomes geared…
FCSL MONTHLY ECONOMIC SOUNDBITE_ SEPTEMBER 2020
Macro economy The Purchasing Managers Index for the month maintained contractionary bandwidth, as both Manufacturing and Non-manufacturing PMI were 46.9 index points and 41.9 index points respectively. According to the 14 subsectors of the Manufacturing activities surveyed, 4 subsectors were within the expansionary corridor, whereas of the 5 activities level of the manufacturing sectors, only…
FCSL DAILY MARKET REPORT_15TH OCTOBER, 2020
Equities Market The Equity Market was relatively flat as ASI & Market capitalization both appreciated by 0.001%, to close at 28,344.04 points and N14,814.97tr respectively. Year-to-Date ASI stood at 60%. Volume, Value, and No of trades all increased by 59.66%, 60.56% and 3.90% to N342.193M, N5.040B, and 4048 units respectively. ETERNA topped the gainers’ table…
SEPTEMBER INFLATION CLIMBS TO 13.71%
The consumer price index for the month of September maintained its elevated pressure as the index for the month was 13.71%, which represents a 0.49 percentage change from the previous month Consumer Price Index of 13.22%. The connecting index to the Consumer Price Index, returned elevated indices for the month, as both food item inflation…
FCSL DAILY MARKET REPORT _ 14TH OCTOBER, 2020
Equities Market The Equity Market was relatively flat as ASI & Market capitalization both appreciated by 0.001%, to close at 28,344.33 points and N14,815.12tr respectively. Year-to-Date ASI stood at 60%. Volume, Value, and No of trades all contracted by 59.24%, 37.46% and 13.38% to N218.425M, N3.139B, and 3896 units respectively. ETERNA topped the gainers’ table…
FCSL DAILY MARKET REPORT_ 13TH OCTOBER, 2020
The Equity Market retracted from previous losses as ASI & Market capitalization both appreciated by 0.02%, to close at 28,344.04 points and N14,814.97tr respectively. Year-to-Date ASI rose by 60%. Value, and No of trades both contracted by 0.81%, and 5.31% to N5.019B, and 4,498 units respectively, however Volume of trade rose by 45.14%. ETERNA topped…
FCSL DAILY MARKET REPORT 12TH OCTOBER ,2020.
The Equity Market weak momentum persisted, as ASI & Market capitalization both dipped by 0.27%, to close at 28,337.49 points and N14,811.55tr respectively. Year-to-Date ASI retreated to 57%. Volume, and No of trades both contracted by 3.90%, and 17.52% to N367.178M, and 5759 units respectively, however Value of trade rose by 26.53%. ETERNA topped the…
