Nigerian Stocks turn lower, post 1.77% loss WoW on active supply


Friday, October 07, 2016 3.20 pm / TheAnalyst 

The equities market closed today on a negative note, as NSE ASI depreciated by 0.70% to close at 27,835.22basis points, compared with the 0.08% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -2.82%.

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Market Breadth (
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Market breadth closed negative as UBN led 13 gainers against 15 Losers topped by GUINNESS at the end of today’s session- an unimproved performance when compared with previous outlook. 
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See losers list

Market Turnover
Market turnover closes negative as volume declined by 42.42% against 86.37% uptick recorded in the previous session. DIAMONDBNKFIDELITYBK and UCAP were the most active to boost market turnover. ZENITHBANK and GUARANTY top market value list.
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Volume Shockers
UCAP 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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