Equities Market
· The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 2.21% to 26,216.46 Index Points and N13.658 Tr respectively. Year-to-Date ASI is now at a negative of -2.21%.
· Number of trade, Volume of trade and Value of trade all increased by 44.76% 79.81% and 38.18% to 5220, 416.304 Million and N6.192 Billion respectively.
· VITAFOAM topped the gainers’ table percentage price change by 5.88%, while CADBURY, ETI, NB, NEM, OANDO and PZ led the losers’ chart with percentage price change by -10.00%.
· Market breadth was negative with Two (2) price gainers and Fourty-One (41) price losers.
Foreign News
Coronavirus may make German economy miss growth forecasts, Bundesbank says
