Bargain hunting outweighs sell pressure as ASI inches up by +0.67%

Proshare

Thursday, October 31 2013 4:55 PM / The Analyst

 

The equities market closed today on a positive note, as NSE ASI appreciated by +0.67% to close at 37,622.74 basis points, compared with the depreciation of -0.38% recorded previously. Its Year-to-Date (YTD) return currently stands at +33.99%.

See Index Performance Trend

 

Market Breadth (Look Up Market Data)

Market breadth closed positive as GUINNESS leads the 31 gainers against the 26 losers topped by CONOIL at end of today’s session- an improved performance when compared with previous outlook.

See gainers list

See losers list

 

Market Turnover

Market turnover closes negative as volume traded depreciated by -33.15% against +93.48% upbeat recorded in previous session. WAPIC, ZENITHBANK, EQUITYASUR and GUARANTY were the most active to boost market turnover. ZENITHBANK and GUARANTY top market value list.

See Volume Drivers 

See Value Boosters

 

 

Sectoral Indices

NSE Food records +1.84% to top the sectoral performance among others while NSE Oil is the worst hit with -1.60% loss recorded today.

See Sectoral Indices

  

Corporate Earnings

UBA, in its Q3 ’13 earnings report, records positive growth of +12.5% in its Turnover with positive growth of +2.4% in its bottom-line. Click to View Earnings Details

  

FLOURMILL, in its Q2 ’13 earnings report, records positive growth of 22.1% in its Gross Earnings with negative growth of -23.9% in its bottom-line. Click to View Earnings Details

  

TRANSCORP, in its Q3 ’13 earnings report, records negative growth of -11.0% in its Revenue  with positive growth of +41.7% in its bottom-line. Click to View Earnings Details

 

Volume Shockers

ROYALEX leads the list of active stocks that record impressive volume spike at the end of today’s session.

Other Volume Spikes

 

All of today’s news and market information:   Click Here To View Today's Market Action
 

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