Sell-down gains tempo as risk appetite shrinks further

Tuesday, August 09, 2016 3.38 PM / TheAnalyst 

The equities market closed today on a negative note, as NSE ASI depreciated by 0.45% to close at 27,272.14basis points, compared with the 0.11% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -4.78%.

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Market Breadth (Look Up Market Data)
Market breadth closed negative as WAPIC led 6gainers against 31Losers topped by  STERLNBANK 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 252.10% against 2.05% decline recorded in the previous session. WAPIC, UBA and FBNH were the most active to boost market turnover. GUARANTY and ZENITHBANK top market value list.
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Volume Shockers
WAPIC 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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