Equities Market
· The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.22% to 26,974.38 Index Points and N14.052 Tr respectively. Year-to-Date ASI is still at a positive of 0.49%.
· Number of trade, Volume of trade and Value of trade all decreased by 14.03%, 5.52% and 22.98% to 3831, 228.38 Million and 2.738 Billion respectively.
· HONYFLOUR topped the gainers’ table percentage price change by 9.38%, while VITAFOAM led the losers’ chart with percentage price change by -9.98%.
· Market breadth was negative with Eleven (11) price gainers and Sixteen (16) price losers.
Foreign News
Falling exports bring German economy to standstill in fourth quarter