New week starts bearish as overwhelming supply hits stocks


Monday, October 17, 2016 3.20 pm / TheAnalyst 

The equities market closed today on a negative note, as NSE ASI depreciated by 0.81% to close at 27,634.99basis points, compared with the 0.02% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -3.52%.

See Index Performance Trend

Market Breadth (
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Market breadth closed negative as
WEMABANK  led 7gainers against 24 Losers topped by NAHCO at the end of today’s session- an unimproved performance when compared with previous outlook.
See gainers list

See losers list

Market Turnover
Market turnover closes positive as volume moved up by 15.83% against 42.00% decline recorded in the previous session. 
LAWUNIONTRANSCORP and COSTAIN were the most active to boost market turnover. NB and GUARANTY top market value list.
See Value Boosters         

Volume Shockers
LAWUNION leads the list of active stocks that recorded impressive volume spike at the end of today’s session.
Other Volume Spikes

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