Equities Market
· The Nigerian Equity Bourse recorded an upward slide, as NSE ASI and Market capitalization both increased by 0.17% to 24,972.94 Index Points and N13.027 Trillion respectively. Year-to-Date ASI is still at a negative of -6.96%.
· Number of trade decreased by -17.10% to 3,477 deals While Volume of trade and Value of trade both increased by 30.49% and 69.06% to 261.493 Million units and N2.681 Billion respectively.
· NESTLE topped the gainers’ table percentage price change by 10.00%, while SEPLAT led the losers’ chart with percentage price change by -9.99%.
· Market breadth was negative with Ten (10) price gainers and Twenty-Four (24) price losers.
Foreign News
May flowers: Where the U.S. retail blooms are and are not