Mixed Trading Ahead Still, As Inflation Data Influences Investment Decisions

Mixed Trading Ahead Still, As Inflation Data Influences Investment Decisions

By InvestData Analysts Monday’s trading activities on the Nigerian Stock Exchange remained volatile and mixed with the benchmark All Share index closing red again, thereby extending Friday’s negative stance. This is amidst global fears as the coronavirus scourge fuels mixed trend, threatening economic recovery, even as nations relax the lockdowns to allow for productive activities. The nation’s negative macroeconomic indices continue to worsen meanwhile, as revealed by the latest labour market reports estimating underemployment and unemployment rates at 55.7% at half-year 2020; while July consumer price index soared by 12.82%,…

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