Fresh supply weakens breadth as stocks end 3-day gaining streak

Proshare

Tuesday, May 17, 2016 3.38 PM / TheAnalyst

The equities market closed today on a negative note, as NSE ASI depreciated by 0.61% to close at 26,655.48basis points, compared with the 1.13% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -6.94%.

 See Index Performance Trend              

Market Breadth
 (
Look Up Market Data) Market breadth closed negative as CONOIL  led 14gainers against 31losers topped by  VITAFOAM at the end of today’s session- an unimproved performance when compared with previous outlook. See gainers list              See losers list

Market Turnover
Market turnover closes positive as volume moved up by 23.37% against 43.45% decline recorded in the previous session. ACCESSUBA and TRANSCORP were the most active to boost market turnover. GUARANTY and ZENITHBANK top market value list. See Value Boosters    

Volume Shockers JBERGER 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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