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Bears Re-surface on Nigerian bourse as Sell Pressure Outweighs Bargain Activities

Market Updates	2096 VIEWS
Market Updates
2096 VIEWS

Thursday, June 12, 2014 3:51 PM / The Analyst

The equities market closed today on a negative note, as NSE ASI depreciated by -0.29% to close at 41,228.65 basis points, compared with the appreciation of +0.29% recorded previously. Its Year-to-Date (YTD) returns currently stands at -0.24%.

See Index Performance Trend

Market Breadth (Look Up Market Data)

Market breadth closed positive as CONOIL leads 32 gainers against 23 losers topped by WAPIC at the 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 appreciated by -21.99% against -68.98% declines recorded in previous session. WAPIC , UBA and ACCESS were the most active to boost market turnover. NB and NESTLE top market value list.

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Sectoral Indices
NSE Banking records +0.64% to emerge the most supportive sectoral performance among others while NSE Insurance is the most hit with -2.09% loss recorded today.

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