- The Nigerian equity Bourse commenced the trading week on a negative note as the NSE ASI and Market capitalization both declined marginally by 0.82% at the end of the trading day to 27,083.11Index points and N13,198.15Tr respectively. Year-to-Date ASI is at a Negative of 83%.
- Volume and No of trades both inched higher by 6.48% and 45.15% to 235.17 volumes and 3,922 Deals respectively, while value of trades declined by 26.49% to 3,291.49B.
- CONTINSURE topped the gainers’ table percentage price change of 4.32%, while TOTAL led the losers’ chart with percentage price change of 4.35%
- Market breadth was negative with Four (4) gainers and Twenty-Seven (27) price losers.
Bonds Signal Growing Global Distress as Key Yield Curve Flips:Daily financial market update AUGUST 14 2019