Equities Market
- The Nigerian Equity Bourse continued on decline, however at a lower rate, as NSE ASI and Market capitalization both closed southwards at 0.02% to 26,938.58 Index Points and N13.002Billion respectively. Year-to-Date ASI is at a Negative of 14.29%.
- Volume, Value and No. of trades all declined by 40.27%, 62.64% and 8.24% to N112.886Million Volume of trade , N1.077Billion Value of Trade and 3,041 No. of deals.
- JAPAULOIL topped the gainers’ table percentage price change by 10.00%, while STERLINGBK led the losers’ chart with percentage price change of -6.34%
- Market breadth was Positive with Sixteen (16) gainers and Thirteen (13) price losers.
Foreign News
OPEC gearing up for deeper oil cuts, Russia yet to agree