Stock Exchange Maintains Upward Trajectory, Up by 0.07%

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Building on the marginal gains of yesterday, the stock market inched up further by 0.07% today.

The All-Share Index closed at 38,799.83 from 38,774.03, while the market capitalization grew by ₦13.5bn to ₦20.30tn. Year-to-date, the market is down by 3.65%.

In a reversal of yesterday’s performance where the Consumer Goods sector was the only sector to record growth, the sector lost 0.20% today. However, the Banking Sector led the gains for today, advancing by 2.19%, following gains in ZENITHBANK (3.81%).

The Oil & Gas sector gained 0.40%, while the Insurance sector gained 0.60%. The Industrial sector, however, remained stable.

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Investor sentiment turned positive today, as the market breadth grew from 0.44x to 1.08x with 13 stocks advancing, led by CHIPLC (9.68%), and 12 stocks declining, led by ROYALEX (-7.69%). The market turnover was negative today as the volume and value of shares traded decreased significantly; with the volume and value dropping by 59.23% to 145.33 million shares and  62.43% to ₦1.58 billion respectively.

Stock Exchange Maintains Upward Trajectory, Up by 0.07% - Brand Spur

Fixed Income Market

The activity in the market caused yields at both ends of the curve to move in opposite directions; the yields of short-term bonds such as the FGN-APR-2023 compressed by 1bps to 6.28%, while the yields of long-term bonds like the FGN-JUL-2030 bond increased by 35bps to 11.51%.

Read Also:  Equities Market Contracts, Benchmark Index Lost 57bps
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Treasury bill yields remained stable for the 91-day, 180-day, and 365-day securities at 2.43%, 4.34%, and 6.63%.

Market Snapshot

  • Stock Exchange Maintains Upward Trajectory …Up by 0.07%
  • Contrasting Activity On Both Ends of  The Bond Yield Curve
  • Stocks Climb After Powell’s Remarks
  • Effects of OPEC Decision Persist As Prices Continue to Rise
  • I&E Exchange Rate Appreciates to ₦409.65/1$
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Stock Exchange Maintains Upward Trajectory, Up by 0.07% - Brand SpurStock Exchange Maintains Upward Trajectory, Up by 0.07% - Brand Spur

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Stock Exchange Maintains Upward Trajectory, Up by 0.07% - Brand SpurStock Exchange Maintains Upward Trajectory, Up by 0.07% - Brand Spur

Latest News

ECOVACS ROBOTICS Introduces 9-in-1 DEEBOT T9 In Indonesia – Our Best DEEBOT Just Got Better!

“The Best Just Got Better" with the first robotic vacuum cleaners in the market to combine upgraded vacuuming and mopping capabilities in one go

 

JAKARTA, INDONESIA - Media OutReach - 13 April 2021 - ECOVACS ROBOTICS, the world's leading home service robotics maker, today launched the DEEBOT T9, the first models with intelligent 9-in-1 obstacle avoidance robotic vacuum cleaner that combines powerful vacuuming and mopping functions with a built-in mobile air freshener. The upgraded DEEBOT T9 with these cutting-edge features is more powerful and smarter than ever before.


Stock Exchange Maintains Upward Trajectory, Up by 0.07% - Brand Spur


Stock Exchange Maintains Upward Trajectory, Up by 0.07% - Brand Spur


Stock Exchange Maintains Upward Trajectory, Up by 0.07% - Brand Spur


DEEBOT T9 raises the bar for home cleaning with 9 stunning features, including the ECOVACS' leading TrueDetect 3D 2.0, a real-time strategic obstacle detection and avoidance technology; TrueMapping 2.0 for precise navigation; ECOVACS HOME App upgraded with 3D Map, and OZMO™ Pro 2.0 Electric Oscillating Mopping System that ensures stubborn stains are removed more efficiently and quietly, compared to previous generation.


"We keep a close eye on market demand and there was a clear indication that consumers want smart products that make homecare even simpler, doing as much and as thorough as they can, in one go. ECOVACS is committed to giving consumers the latest in smart and unique cleaning experience," said David Qian, Chief Executive Officer of ECOVACS ROBOTICS. "We've introduced our new-generation technologies, combined with multiple features while adding even more to our DEEBOT T9 to make sure every inch and floor surface is covered. Our Best DEEBOT Just Got Better."


Upgraded ECOVACS HOME App with Improved Obstacle Avoidance and Navigation Technology


TrueDetect 3D 2.0 technology comes with an upgraded algorithm to quickly detect different types of obstacles and strategically avoid them. The DEEBOT T9 can detect object sizes right down to mere millimeters, which is ten times more accurate than products using traditional infra-red technology, with a detection range of 70-350 millimeters. Moreover, DEEBOT T9 can navigate smoothly in different indoor environments and lighting conditions without any interruptions, even in total darkness. TrueDetect 3D 2.0 technology allows the robotic vacuum cleaner to avoid collisions, entanglements, or disruptions, so users do not have to monitor the robot and clean it continuously.

Read Also:  8K TV Owning Households To Reach 72 Million Worldwide By 2025

Combining TrueDetect 3D 2.0 and TrueMapping 2.0 with 3D Maps brings a whole new level of automated cleaning efficiency and flexibility for users. They can quickly locate the robotic vacuum cleaner's exact position via the 2D and 3D Maps. They can also manage their entire cleaning task on-the-fly, by toggling between the 2D and 3D Maps with the upgraded ECOVACS HOME App.

The new ECOVACS HOME App is designed for intuitive use, enhancing the user experience and reinforces the ECOVACS branding. The App is easy to navigate, offering users an optimal cleaning route. The interface integrates all the common features so that users can access critical functions easily. They can customize the amount of water used, suction power, cleaning times, and routes for different rooms.


A Luxurious Cleaning Experience with Built-in Air Freshener


The DEEBOT T9 is the first in the industry to clean floors and freshen the air at the same time. Connected to the DEEBOT's mobile system, the air freshener gives users a vacuuming and fragrance experience that goes beyond traditional cleaning.

The air freshener's unique design releases the fragrance onto the floor directly to remove musty and pet odors, while the fan at the bottom of the air freshener unit spreads the fragrance evenly.

The air freshener uses replaceable capsules, that can last up to 60 days, featuring three kinds of fragrances. Users can choose to switch the air freshener on or off using the ECOVACS HOME App, and extend its lifespan.


Powerful In-depth Cleaning Performance with OZMO Pro 2.0 and Auto-Empty Station Compatibility


The DEEBOT T9 comes with latest OZMO™ Pro 2.0 Electric Oscillating Mopping System with a newly designed motor and movement structure that minimizes noise.

The enhanced suction power of 3000 Pa also raises the bar in cleaning performance. The high-strength fiberglass structure keeps the suction power consistent when vacuuming both hard floors and carpets. The high-frequency vibration of up to 480 times per minute increases the mopping performance, making it comparable to an electric mop.

The DEEBOT T9 uses a disposable mopping pad that can be safely discarded immediately after cleaning. The specially-designed microfibers absorb water evenly, efficiently capture dust, and reduce residual water stains. The composite structure increases friction between the mopping pad and the floor and helps the OZMO™ Pro 2.0 Electric Oscillating Mopping System effectively remove stubborn stains on the floor.

A power-up kit is available for the DEEBOT T9 that further enhances the cleaning performance and user experience. The Auto-Empty Station, which clears the robot's dustbin automatically after cleaning with minimal human intervention, is also compatible with DEEBOT T9.


Pricing and Availability


DEEBOT T9's suggested retail price is IDR 8.29 Million. It will be officially available at Shopee with special price of IDR 8.09 Million and comes with a IDR 200K discounted voucher and a free giftpack on April 17 to 18 ECOVACS X Shopee Brand Day.


It is also available at Lazada, Tokopedia, and Blibli from April 19 onwards with an IDR 200K discounted voucher and free giftpack as launch promotion until April 22.

For more information, please visit ecovacs.com or connect with us on Stock Exchange Maintains Upward Trajectory, Up by 0.07% - Brand SpurFacebook and Stock Exchange Maintains Upward Trajectory, Up by 0.07% - Brand SpurInstagram.


About ECOVACS ROBOTICS

Innovating Since Day One – Creating the Intelligent Home.


At ECOVACS ROBOTICS, we care about innovating solutions to enhance your lifestyle. Based on a deep understanding of use cases and consumer experiences, we design robots that help you "live smart, enjoy life."


With over 20 years of design and industry-leading research, we have led the market as homes become more intelligent and responsive. We are building a world where your home asks less of your attention, becomes more seamless and powerful, and frees you to spend more time doing what you love.


Stock Exchange Maintains Upward Trajectory, Up by 0.07% - Brand Spur
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