· The Equity Bourse recorded a downward slide as the NSE ASI and Market capitalization both depreciated by -1.27% to 24,026.05 Index Points and N12,784.78 Tr respectively. Year-to-Date ASI is still at a Negative of -10.49%.
· Number of Trades, Volume of Trades and Value of Trades all increased by 5.58%, 31.44% and 82.91% to 4,216 deals, 189.691 Million trades and N2.785 BILLION respectively.
· CORNERST & NAHCO topped the gainers’ table as percentage price change was 10.00%, while BETAGLAS led the losers’ chart with percentage price change of -9.95%.
· Market breadth was Negative with Fourteen (14) price gainers and Seventeen (17) price losers.
Record U.S. job growth expected in June, but masks labor market weakness