Equities Market · The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.17% to 27,568.91 Index Points and N14.362 Tr respectively. Year-to-Date ASI is still at a positive of 2.71%. · Number of trade and Volume of trade both increased by 18.68% and 67.15% to 4187 and…
US employment level is one of the main drivers of US Economy. US unemployment rate rose by 0.1% to 3.6%, while 225,000 jobs were created in January after adding 147,000 positions in December. These have led to an increase in claims of state unemployment benefits due to increase in Labour force. Reuters
Equities Market · The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.09% to 27,523.08 Index Points and N14.338 Tr respectively. Year-to-Date ASI is still at a positive of 2.54%. · Number of trade, Volume of trade and Value of trade all increased by 14.73%, 72.64% and…
House, auto fuel and factory output prices are part of the main drivers of UK Inflation. House prices increased by 2.2% while auto fuel and factory output prices increased by almost 2% and 1.1%. These have led to an increase in consumer prices and core inflation by 1.8% and 1.6% respectively. Bloomberg
Equities Market · The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.08% to 27,547.56 Index Points and N14.347 Tr respectively. Year-to-Date ASI is still at a positive of 2.63%. · Both Volume of trade and Value of trade increased by 24.86% and 36.18% to 168.074 Million…
Global Economy –Rundown: According to the recent revised Global economic outlook for 2020, as conducted by Economic Intelligence Unit, estimate the world economy to grow by 2.2%, which represent a 0.1 percentage point decline from the earlier projection of 2.3% economic growth, this review was spurred by the epidemic ravaging china and other part of…
Inflation is one of the main drivers of Japan’s economy. Consumption decreased by 2.9% while core inflation is currently 0.7%. This has led to decrease in Japan’s GDP in the fourth quarter 2019 due to the previous inflation target of 2%. Reuters
Equities Market · The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.67% to 27,570.94 Index Points and N14.359 Tr respectively. Year-to-Date ASI is still at a positive of 2.72%. · Number of trade, Volume of trade and Value of trade all increased by 3.54%, 1.50% and…
Sales tax is one of the main drivers of Japan’s Economy. Private consumption decreased by 2.9%, while capital expenditure decreased by 3.7% in fourth quarter 2019 caused by an increase in sales tax. These led to decrease in Japan’s gross domestic product (GDP) by 6.3% in fourth quarter 2019. Reuters
Equities Market · The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.39% to 27,755.87 Index Points and N14.456 Tr respectively. Year-to-Date ASI is still at a positive of 3.40%. · Number of trade, Volume of trade and Value of trade all decreased by 0.28%, 12.01% and…
