FCSL DAILY MARKET REPORT 24TH SEPTEMBER, 2020

[pdf-embedder url=”https://www.fcslng.com/wp-content/uploads/2020/09/Daily-financial-market-update-September-24-2020.pdf” title=”Daily financial market Equities Market The Equity Market upward movement persisted, as ASI & Market capitalization increased by 0.79%, to close at 25,987.14 points and N13,581.26tr respectively. Year-to-Date ASI growth stood at (3.19%). Volume, Value, and No of trades all dipped by 13.30%, and 38.31%, 5.72% to N359.307M, N3.874B, and 3576 units NB…

HIGHLIGHT OF MPC COMMUNIQUE_ SEPTEMEBR 2020

The Monetary policy Committee affirmed to the aberration in the economy space, which is evidence by global, supply chain disruption, rising unemployment trend, volatile crude oil prices, and suppressed demand that have caved in since the pandemic outbreak.   Given the level of domestic economic contraction, persistent elevated inflationary pressure, suppressed government revenue, unabated unemployment…

FCSL WEEKLY MARKET REPORT- 18TH SEPTEMBER, 2020

Global Economy –Rundown: According to the organization of Economic Corporation and development have revised its economic outlook for the rest of the year, its global economic projection stands at 4.5% contraction, which is an improvement from the previous projection of global economic contraction of 6%, despite the improved projection, the global economy is still embodied…