Equities market starts week bearish on speculative trading


Monday, May 23, 2016 3.38 PM / TheAnalyst

The equities market closed today on a negative note, as NSE ASI depreciated by 0.37% to close at 27,015.97basis points, compared with the 0.33% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -5.68%.

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Market Breadth (
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Market breadth closed negative as STANBIC  led 14gainers against 28losers topped by NEM at the end of today’s session- an unimproved performance when compared with previous outlook.

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Market Turnover

Market turnover closes negative as volume declined by 43.35% against 12.09% uptick recorded in the previous session. ZENITHBANKTRANSCORP and UBA were the most active to boost market turnover. GUARANTY and ZENITHBANK top market value list.

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Volume Shockers

AIRSERVICE 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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