- The Nigerian equity Bourse experienced a slight contraction at the end of today’s trading as the NSE ASI and Market capitalization both declined marginally by 0.43% to end the trading day at 27,306.81Index points and N13,307.16Tr respectively. Year-to-Date ASI is at a Negative of 13.12%.
- Volume and No of trades both inched higher by 21.04% and 22.76% to 220.801 volumes and 2,702 Deals respectively, while value of trades increased by 66.91% to 4,477.64B.
- CUSTODIAN topped the gainers’ table percentage price change of 9.09%, while UACN led the losers’ chart with percentage price change of 4.35%
- Market breadth was negative with Eleven (11) gainers and Fifteen (15) price losers.
U.S. producer prices rise slightly; underlying inflation tame:Daily financial market update AUGUST 9 2019