Equities Market
· The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.61% to 26,415.54 Index Points and N13.765 Tr respectively. Year-to-Date ASI is Still at a negative of -1.59%.
· Number of trade, Volume of trade and Value of trade all decreased by 9.83%, 20.67% and 44.74% to 4419, 307.722 Million and N2.805 Billion respectively.
· NEM & ROYALEX topped the gainers’ table percentage price change by 10.00%, while ARDOVA led the losers’ chart with percentage price change by -10.00%.
· Market breadth was positive with Twenty-two (22) price gainers and Ten (10) price losers.
Foreign News
Global growth plunging into downturn over Corona virus