Equities Market
· The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by -1.17% to 25,016.30 Index Points and N13.05 Trillion respectively. Year-to-Date ASI is still at a negative of -6.80%.
· Number of trade, Volume of trade and Value of trade all decreased by -4.57%, -20.61% and -52.51% to 4342 deals, 214.500 Million units and N2.515 Billion respectively.
· BOCGAS topped the gainers’ table percentage price change by 10.00%, while CADBURY led the losers’ chart with percentage price change by -9.47%.
· Market breadth was negative with Twenty-two (22) price gainers and Eighteen (18) price losers.
Foreign News
U.S. unemployment rate seen near 20% as COVID slams jobs market again in May