Equities Market
· The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by -0.38% to 25,312.05 Index Points and N13.204 Trillion respectively. Year-to-Date ASI is still at a negative of -5.70%.
· Number of trade, Volume of trade and Value of trade all decreased by 2.34%, 23.53% and 24.72% to 4550 deals, 270.193 Million units and N5.296 Billion respectively.
· UAC-PROP topped the gainers’ table percentage price change by 10.00%, while CUTIX led the losers’ chart with percentage price change by -9.63%.
· Market breadth was negative with Sixteen (16) price gainers and Seventeen (17) price losers.
Foreign News
U.S. trade deficit widens as exports hit 10-year low