· The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.08% to 27,547.56 Index Points and N14.347 Tr respectively. Year-to-Date ASI is still at a positive of 2.63%.
· Both Volume of trade and Value of trade increased by 24.86% and 36.18% to 168.074 Million and 2.157 Billion while Number of trade decreased by 6.87% to 3075 respectively.
· WAPIC & UAC-PROP topped the gainers’ table percentage price change by 6.25%, while LAWUNION led the losers’ chart with percentage price change by -4.81%.
· Market breadth was negative with Twelve (12) price gainers and Thirteen (13) price losers.
Recession risk forces BOJ to row back on inflation goal