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

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%.

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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.

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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.

Other Volume Spikes

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