Saturday 11 October 2014

Bearish Trend persists as NSE ASI sheds -1.60%


The Nigerian Stock Exchnage equities market closed on a negative note on Friday, as the All Share Index depreciated by -0.32% to close at 40,444.39 basis points, compared with the -1.03% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -2.14%.

See Index Performance Trend on Proshare.

Market breadth closed negative with IKEJAHOTEL leading the pack of 15 gainers against 30 losers topped by AGLEVENT at the end of the session.

Market turnover closes negative as volume trended downwards by -65.23% against +70.91% uptick recorded in the previous session. IKEJAHOTEL, STERLNBANK and TRANSCORP were the most active to boost market turnover. ZENITHBANK and OANDO top market value list.

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