Equities Market
· The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by -0.90% to 24,956.04 Index Points and N13.02 Trillion respectively. Year-to-Date ASI is still at a negative of -7.03%.
· Number of trade increased by 23.92% to 4,808 deals while Volume of trade and Value of trade both decreased by -29.51% and -52.74% to 237.653 Million units and N1.609 Billion respectively.
· REDSTAREX & FIDSON topped the gainers’ table percentage price change by 10.00%, while PRESTIGE led the losers’ chart with percentage price change by -10.00%.
· Market breadth was negative with Sixteen (16) price gainers and Twenty-Five (25) price losers.
Foreign News
China’s factory output perks up but consumers stay cautious