gti

338 posts

  • Dollar holds gains as Powell shuns negative rates, Aussie slips after jobs plunge

    3 Views The dollar held gains against major currencies on Thursday after U.S. Federal Reserve Chairman Jerome Powell dismissed speculation that policymakers will adopt negative interest rates. Among Asian currencies, the Australian dollar fell on data showing the country shed jobs in April at the fastest pace on record, suggesting more monetary and fiscal easing […]
  • Asian stocks drop as virus recovery begins to look distant

    4 Views Asia’s stock markets fell and gold hit a one-week high on Thursday as worries about a second wave of coronavirus infections and a dour assessment of the way back from the head of the U.S. Federal Reserve dashed hopes for a quick recovery. Fed Chair Jerome Powell warned of an “extended period” of […]
  • Local bourse halts downtrend, gain 0.06%

    1 Views Transaction activities on the Nigerian equity market on Wednesday halts the three days negative sentiment as the investors’ wealth increased by N7.06 billion. This was driven by buy sentiment on Unilever, Guaranty, FBNH and 17 others. As a result, the market breadth closed positively, recording 20 gainers as against 8 losers.   NSE […]
  • Daily Price List (NASD) – Wednesday, 13th May, 2020

    9 Views SECURITY PCLOSE OPEN HIGH LOW CLOSE CHANGE %CHANGE AVG PRICE TRADES  VOLUME  VALUE SDAFRILAND 2.1 2.1 2.2 2.2 2.2 0.1 4.76 2.2 1 12500 27500 TOTAL TRANSACTION (1) 1 12500 27500 Read more https://gtigroupblog.com/daily-price-list-nasd-wednesday-12th-may-2020/
  • Daily Price List – Wednesday, 13th May, 2020

    63 Views COMPANY PCLOSE OPEN HIGH LOW CLOSE CHANGE %CHANGE AVG PRICE TRADES  VOLUME  VALUE ABBEYBDS 1.05 1.05 – – 1.05 0 1.05 1 1 1.05 ACCESS 6.35 6.35 6.35 6.3 6.35 0 0 6.32 157 10850278 68609427.9 AFRINSURE 0.2 0.2 0.2 0.2 0.2 0 0 0.20 1 184000 36800 AFRIPRUD 3.7 3.7 3.85 3.8 […]Read More
  • NSE to compel companies to supply shares on listing day

    20 Views The Nigerian Stock Exchange (NSE) has launched a process to amend its listing requirements to enhance price discovery and liquidity for new listed securities and protect investors from supply-driven price manipulation and misinformation. Under the proposed amendment,  undergoing rule-making process, companies seeking to list by way of introduction or any other method at […]
  • OPEC+ wants to maintain output cuts beyond June

    4 Views The Organisation of Petroleum Exporting Countries and its allies want to maintain existing oil cuts beyond June to shore up prices and demand, four OPEC+ sources were quoted by Reuters as saying on Tuesday. Global oil demand has slumped by about 30 per cent as the COVID-19 crisis has curtailed travel and economic […]
  • Nigeria, others to lose $200bn in 2020, says IMF

    0 Views Nigeria and other countries in sub-Saharan Africa will lose about $200bn in incomes by the end of 2020, according to the International Monetary Fund. The development is as a result of the COVID-19 pandemic, which is pulling the global economy towards recession. IMF had already, in its latest Regional Economic Outlook, projected that […]
  • Foreign reserves gain $1.22bn in 11 days

    1 Views Foreign reserves have risen to $34.65bn within eleven days, latest figures from the Central Bank of Nigeria have indicated. The report specifically showed that the foreign reserves rose by $1.22bn from $33.42bn as of April 29, 2020 to $34.65bn on May 11. The reserves had slipped into a decline after hitting a high […]
  • Dollar on defensive, eyes on Powell amid negative rates debate

    0 Views The dollar was on the defensive against its rivals on Wednesday as traders looked to Federal Reserve Chairman Jerome Powell’s speech amid rising speculation the United States could one day adopt negative interest rates. Risk-sensitive currencies lacked momentum as a warning from a top U.S. health official about the dangers of reopening the […]
  • Asian stocks set to slip on coronavirus fears, vaccine timing

    1 Views Asian equities were set to pull back on Wednesday as heightened concerns about coronavirus infections and the timing for a vaccine outweighed the lift from rebounding oil prices and upbeat corporate earnings in Europe. Leading U.S. infectious disease expert Anthony Fauci on Tuesday warned lawmakers that a premature lifting of lockdowns could lead […]