October 6, 2020/InvestmentOne Report Please click to view the September 2020 Macro & Markets Update · In the month of September, oil prices came under pressure as COVID-19 cases jumped in Europe, threatening oil demand further. In the same vein, continuous drag in negotiation for another relief package in the […]
Updates
MIDDAY UPDATE: Nigerian Stocks Gain Significantly by +3.60%, Driven by Positive Sentiments
October 6, 2020/InvestmentOne Report ASI as at 12.00pm: +3.60%. Market movers: CORNERST (+10.00%), NNFM (+9.88%), NPFMCRFBK (-8.76%) and BERGER (-6.92%). Sector Performances: Industrial (+5.40%), Banking (+3.88%), Consumer Goods (+1.53%) and Oil & Gas (+0.75%). Market activity: In today’s early trade, total volume and value rose by 23% and 43% respectively, compared to yesterday, as investors have traded about 326million units of shares worth approximately N4.68billion. ZENITHBANK (+2.49%) is the […]
IMF Extends Immediate Debt Service Relief for 28 Eligible Low-Income Countries for Another Six Months
October 5, 2020/IMF The Executive Board of the International Monetary Fund (IMF) approved on October 2, 2020 a second six-month tranche of debt service relief for 28 member countries under the Catastrophe Containment and Relief Trust (CCRT). This approval follows the first six-month tranche (April 14 – October 13, 2020) […]
