Tag
EQUITIES MARKET
Investors in Nigerian stocks gained about N224 billion during the week as the total equities market capitalization increased from N20.185 trillion to N20.409 trillion.
After two consecutive years of a bearish run in the equities market (2018 -17.8% and 2019 -14.6%), we begin 2020 on a positive note.
The Nigerian Stock Exchange maintained its downward trend as the All Share Index (ASI) fell below the 28,000 psychological mark to settle at 27,864.49 points.
In Africa, the Nigerian All Share Index rose by 0.56% on Tuesday.
Market recap is a summary of activities across Nigerian and global financial markets every week.
Market recap is a summary of activities across Nigerian and global financial markets every week.
While equity markets witnessed an uptrend, foreign exchange rates where largely flat. Cryptocurrency markets declined slightly. Here is...