Equities Market
· The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.67% to 27,570.94 Index Points and N14.359 Tr respectively. Year-to-Date ASI is still at a positive of 2.72%.
· Number of trade, Volume of trade and Value of trade all increased by 3.54%, 1.50% and 23.76% to 3302, 134.612 Million and 1.584 Billion respectively.
· JAIZBANK topped the gainers’ table percentage price change by 6.25%, while LAWUNION led the losers’ chart with percentage price change by -9.57%.
· Market breadth was negative with Eleven (11) price gainers and Eighteen (18) price losers.
Foreign News
Japan on brink of recession as economy contracts, virus heightens risk