- The Nigerian Equity Bourse inched higher further from previous day upswing, as NSE ASI and Market capitalization both inched higher by 0.66% to 27,002.15 Index Points and N13.033Billion respectively. Year-to-Date ASI is at a Negative of 14.09%.
- Value and No. of trades both increased by 112.73% and 3.01% to N3.659Billion and 3,246 No. of deals , while volume of trades decline by 25.23% to 227.181Million
- UNITYBANK topped the gainers’ table percentage price change by 9.23%, while IKEJAHOTEL led the losers’ chart with percentage price change of -9.60%
- Market breadth was positive with Nineteen (19) gainers and Twelve (12) price losers.
Chinese Defaults to Rise in 2020 as Economy Slows, Moody’s Says