Equities Market
- The Nigerian equity Bourse closed on a positive note as NSE ASI and Market capitalization both increased by 1.09% and 0.92% to 27,352.94 Index Points and N13,306.91Tr respectively. Year-to-Date ASI is still at a Negative of 97%.
- Volume and Value both increased by 73.63% and 39.54% to 363.973 Volume, and 4,515.79B respectively. While No of trades declined by 7.80% to 3,451 Deals respectively.
- ETI topped the gainers’ table percentage price change of 9.60%, while FO led the losers’ chart with percentage price change of 10.00%
- Market breadth was negative with Twenty- Three (23) gainers and Sixteen (16) price losers.
Foreign News
Trade woes to shave 0.3% from U.S. GDP by 2020