Equities Market
· The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 1.05% to 27,772.19 Index Points and N14.464Tr respectively. Year-to-Date ASI is still at a positive of 3.47%.
· Number of trade, Volume of trade and Value of trade all decreased by 17.82%, 34.14% and 69.89% to 3487, 200.155 Million and 1.923 Billion respectively.
· SOVERENINS topped the gainers’ table percentage price change by 10.00%, while NESTLE led the losers’ chart with percentage price change by -10.00%.
· Market breadth was zero with Seventeen (17) price gainers and Seventeen (17) price losers.
Foreign News
China 2019 fiscal spending up 8.1%, faster than economic growth –
