Market Sentiment Remains Positive Amid Improved Breadth; NSE ASI Firms Up by +0.56%


Wednesday, May 28, 2014 4:50 PM / The Analyst


The equities market closed today on a positive note, as NSE ASI appreciated by +0.56 to close at 40,286.76 basis points, compared with the appreciation of +0.77% recorded previously. Its Year-to-Date (YTD) returns currently stands at -2.52%.

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Market Breadth 
Look Up Market Data) Market breadth closed positive as FCMB leads 34 gainers against 16 losers topped by TRANSEXPR 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 depreciated by -18.86% against -18.86% decline recorded in previous session.
ZENITHBANK, FBNH and GUARANTY were the most active to boost market turnover. ZENITHBANK and NB top market value list.

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Sectoral Indices
NSE Banking records +2.07% to emerge the most supportive sectoral performance among others while NSE Insurance is the most hit with -0.23% loss recorded today.

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Corporate Earnings

EKOCORP, in its Q1’14 earnings report, records positive growth of +10.17% in its Revenue with positive growth of +59.91% in its bottom-line. 
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Volume Shockers

ZENITHBAN 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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