- The Nigerian equities market was engulfed with negative sentiment that resulted in a marginal decline of 0.51% for both the NSE ASI and Market capitalization, as they ended the trading day at 27,527.4 points index and N13, 414.66 tr respectively. Year-to-Date ASI is at a Negative of 42%.
- Value and No of trades both appreciated by 60.49%, 9.05% to N2,262.45B and 3,614 Deals respectively, while Volume of trades depreciated by 39.18% to 170.723.
- UCAP topped the gainers’ table with percentage price change of 3.88%, while BETAGLASS led the losers’ chart with percentage price change of 9.95%
- Market breadth was negative with Six (6) gainers and Twenty-Three (23) price losers.
China says U.S. currency manipulator labelling could cause chaos in financial markets:Daily financial market update AUGUST 6TH 2019