Equities Market
- The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.51% to 26,569.80 IndexPoints and N12.824 Tr respectively. Year-to-Date ASI is still at a Negative of 46%.
- Volume and Value of trade both increased by 77.38% and 1.58% to 319.694 Million Volume of trade and N3.072 Billion value of Trades, while No of trade decreased by 15.18% to 2,503 No of trades.
- PRESCO topped the gainers’ table percentage price change by 9.51%, while NEIMETH led the losers’ chart with percentage price change by 9.59%
- Market breadth was Positive with Seventeen (17) gainers and Thirteen (13) price losers.
Foreign News
Wall Street, Fed prep to avoid year end disruption in repo markets