Bears Re-surface on Nigerian Bourse as NSE ASI Dips by -0.30% to Halt 3-Day Gaining Streak

Wednesday, March 12, 2014 4:02 PM / The Analyst

The equities market closed today on a negative note, as NSE ASI depreciated by -0.30% to close at 39,150.30 basis points, compared with the appreciation of +0.25% recorded previously. Its Year-to-Date (YTD) returns currently stands at -5.27%.

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Market Breadth (Look Up Market Data)

Market breadth closed negative as 7UP leads 14 gainers against 41 losers topped by AIRSERVICE 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 traded depreciated by -22.80% against -9.28% decline recorded in previous session. ACCESS, TRANSCORP, and GUARANTY were the most active to boost market turnover. GUARANTY and ZENITHBANK top market value list.

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Sectoral Indices

NSE Banking records +0.42% to top the sectoral performance among others while NSE Food is the worst hit with -0.73% loss recorded today.

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Corporate Earnings

 ELLAHLAKES, in its Q2 ’13 earnings report, records positive growth of +3533.8% in its Revenue with positive growth of +28.9% in its bottom-line. Click to View Earnings Details 

Volume Shockers

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

Other Volume Spikes

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