• Brand News
  • Business & Economy
  • Telecom & IT
  • Transportation
  • Beverages
  • Agro
  • More
    • Energy & Power
    • Banking and Finance
    • Cryptocurrency
    • Retail – Brick & Click
    • BI
    • Magazine
    • Corporate News Provided By Media OutReach
Search
Brandspur Logo Brand Spur
Brandspur Logo Brandspur Logo
  • Brand News
    • Whatsapp Adds New Privacy Features

      Whatsapp Adds New Privacy Features

      Barclays Deploys Microsoft Teams Globally To Enable Better Connectivity For Its Employees Worldwide

      Barclays Deploys Microsoft Teams Globally To Enable Better Connectivity For Its…

      Why Women Should Invest In The Stock Market And The Endless Opportunities Available To Them

      Why Women Should Invest In The Stock Market And The Endless…

      Mouka Rewards Business Partners Nationwide with Exciting Gifts to Enhance Trade, Assures Endearing Relationship

      Mouka Rewards Business Partners Nationwide With Exciting Gifts

      Dolidol International Group Appoints Adesegun Akin-Olugbade As Vice Chairman

      Mouka: Dolidol International Group Appoints Adesegun Akin-Olugbade As Vice Chairman

  • Business & Economy
    • Nigerian Bourse Hits New Low As NGX ASI Dips By 226bps

      Nigerian Bourse Hits New Low As NGX ASI Dips By 226bps

      Exchange rate

      Latest Exchange Rate: Naira Gains Against Dollar By 0.52%

      Why Women Should Invest In The Stock Market And The Endless Opportunities Available To Them

      Why Women Should Invest In The Stock Market And The Endless…

      China

      China Intensifies Crackdown On Cryptocurrency Hype, Speculation

      Naira

      Latest US Dollar To Naira Black Market Rates Today, 9 August…

  • Telecom & IT
    • Whatsapp Adds New Privacy Features

      Whatsapp Adds New Privacy Features

      Tizeti Launches New Products To Achieve 100% Broadband Access

      Tizeti Launches New Products To Achieve 100% Broadband Access

      Pitching Event To Expose Clean-Tech Start-Ups To International Investors Worth USD100-Billion

      Pitching Event To Expose Clean-Tech Start-Ups To International Investors Worth USD100-Billion

      Elevating The Customer Experience – Focusing On A Sustainable Future

      Elevating The Customer Experience – Focusing On A Sustainable Future

      7 Ways To Increase The Visibility Of Your Writing Portfolio In Google Search

      7 Ways To Increase The Visibility Of Your Writing Portfolio In…

  • Transportation
    • 3 Best Small SUVs For The Money In 2022

      3 Best Small SUVs For The Money In 2022

      Agility Completes £763 Million Acquisition Of Menzies Aviation

      Agility Completes £763 Million Acquisition Of Menzies Aviation

      Moove Signs An Agreement With Uber In India

      Moove Signs An Agreement With Uber In India

      Ethiopian Airlines Orders Africa’s First A350-1000

      Ethiopian Airlines Orders Africa’s First A350-1000

      Bolt Saves Cost Of Operation For Businesses With Special Ride Offering

      Bolt Partners With Nigeria Medical Association To Provide Free Rides To…

  • Beverages
    • La Casera Awards 'Spoken Word' Challenge Winners

      La Casera Awards ‘Spoken Word’ Challenge Winners

      Heineken Cautions Consumer Financial Stress May Have An Impact On Beer Sales

      Heineken Cautions Consumer Financial Stress May Have An Impact On…

      PepsiCo To Invest $550m In Energy Drinks Business Celsius

      PepsiCo To Invest $550m In Energy Drinks Business Celsius

      Diageo Reports A 15.8 Percent Increase In Net Sales

      Diageo Sees Net Sales Growth Across All Regions

      Premier Foods To Acquire The Spice Tailor For £43.8m

      Premier Foods To Acquire The Spice Tailor For £43.8m

  • Agro
    • AfDB Extends €121 Million Food-Production Loan

      AfDB Extends €121 Million Food-Production Loan

      Empowering Local Rice Farmers To Achieve Food Security

      Kogi State Commissions 36,000MT/Y Rice Milling Plant

      Kogi State Commissions 36,000MT/Y Rice Milling Plant

      Fan Milk Danone To Unveil Dairy Farm In Ogun

      Fan Milk Danone To Unveil Dairy Farm In Ogun

      Mastercard Empowers Open Banking Startups

      Mastercard And Ecobank Group Partner To Digitize Agricultural Value Chains In…

  • More
    • Energy & Power
    • Banking and Finance
    • Cryptocurrency
    • Retail – Brick & Click
    • BI
    • Magazine
    • Corporate News Provided By Media OutReach
Home Business & Economy Downward Trend Continues in the Market, All-Share Index Declines By 0.63%
  • Business & Economy

Downward Trend Continues in the Market, All-Share Index Declines By 0.63%

By
PFI Capital
-
February 19, 2021
0
WhatsApp
Facebook
Twitter
Linkedin
Telegram
Email
Print
    inflation rate Dividend Nigeria Economy Slides into Recession; Albeit, Q3 2020 Real GDP Contraction Rate Eases to 3.62%…
    Afolabi Sotunde Illustration Naira

    The NSE ASI declined by 0.63%, a deeper fall than yesterday’s 0.19%. Year-to-date the market is in the red, down by 0.15%. The market capitalization currently sits at 21.04 trillion naira, a decline from yesterday’s 21.17 trillion naira.

    All 5 sectors under coverage declined today. The Insurance sector was down by 1.54%, Oil & Gas sector was down by 0.20%, the Consumer Goods sector by 0.51%. The Banking and Industrial sectors declined by 2.60% and 0.13% respectively.

    Nigeria Economy Slides into Recession; Albeit, Q3 2020 Real GDP Contraction Rate Eases to 3.62%…
    Afolabi Sotunde Illustration Naira

    Investors’ sentiment was negative today. Market breadth was 0.33x, down from yesterday’s 0.33x, as only 10 stocks advanced in contrast with the 30 stocks that declined.

    Fixed Income Market

    The performance in the bond market was mostly flat. The yields of bonds with shorter tenors declined further. The FGN-MAR-2024 declined by 14 bps to 7.78% respectively, while the yields of the FGN-FEB-2028 and APR-2029 bonds remained unchanged at 10.45% and 10.43% respectively.

    Treasury bills yields remain unchanged across 92-day, 182-day and 364-day tenors at 0.76%, 1.94% to 1.96% and 2.04% to 2.07% respectively.

    Downward Trend Continues in the Market, All-Share Index Declines By 0.63% Brandspurng

    MARKET SNAPSHOT

    • Downward Trend Continues in the Market, All-Share Index Declines By 0.63%
    • Contrasting Activity At The Ends of The Yield Curve
    • U.S. Stocks Decline; Treasury Yields Resume High
    • Oil Briefly Tops $65 in London Amid Shockwaves From U.S. Freeze
    • Naira remains stable at N480/$
    Read Also:  Ugandan Economy Recovering from COVID-19 Impact Amid Uncertainties

    Related

    • TAGS
    • All Share Index
    WhatsApp
    Facebook
    Twitter
    Linkedin
    Telegram
    Email
    Print
      Previous articleOpinion: How Nigeria Can Manufacture Her Way Out Of Poverty
      Next articleFMDQ Exchange Admits Coronation Merchant Bank’s New Commercial Paper Series on its Platform
      PFI Capital
      http://WWW.pfi-ltd.com

      RELATED ARTICLESMORE FROM AUTHOR

      Nigerian Bourse Hits New Low As NGX ASI Dips By 226bps

      Nigerian Bourse Hits New Low As NGX ASI Dips By 226bps

      Exchange rate

      Latest Exchange Rate: Naira Gains Against Dollar By 0.52%

      Why Women Should Invest In The Stock Market And The Endless Opportunities Available To Them

      Why Women Should Invest In The Stock Market And The Endless Opportunities Available To Them

      Latest News

      Whatsapp Adds New Privacy Features

      Whatsapp Adds New Privacy Features

      Brand Spur - August 10, 2022 0
      Whatsapp, the popular worldwide instant messaging app, has introduced new features as part of security measures to make the app safer and easier to...
      Barclays Deploys Microsoft Teams Globally To Enable Better Connectivity For Its Employees Worldwide

      Barclays Deploys Microsoft Teams Globally To Enable Better Connectivity For Its...

      August 10, 2022
      Nigerian Bourse Hits New Low As NGX ASI Dips By 226bps

      Nigerian Bourse Hits New Low As NGX ASI Dips By 226bps

      August 10, 2022
      European Union Provides €70,000 To Strengthen Preparation For Floods In Nigeria

      European Union Provides €70,000 To Strengthen Preparation For Floods In Nigeria

      August 10, 2022
      Exchange rate

      Latest Exchange Rate: Naira Gains Against Dollar By 0.52%

      August 9, 2022
      Brandspur LogoBrandSpur Nigeria

      Category

      • Brand News
      • Business & Economy
      • Telecom & IT
      • Beverages
      • Transportation
      • Agro News
      • Business Intelligence
      • Energy & Power
      • Retail
      • Entertainment & Lifestyle

      Links

      • About Us…
      • Advertise With Us…
      • Magazine
      • Contact Us
      • Privacy Policy
      • Promo
      • Corporate News Provided By Media OutReach

      Stay connected

      Facebook
      Instagram
      Linkedin
      Twitter
      Youtube

      Newsletter Signup

      - Advertisement -

      © BrandSpurNg. All rights reserved.

      Related

      We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
      Do not sell my personal information.
      Cookie settingsACCEPT
      Manage consent

      Privacy Overview

      This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
      Necessary
      Always Enabled
      Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
      Non-necessary
      Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
      SAVE & ACCEPT
       

      Loading Comments...