Stocks retrace after 3-day gains as big CAPs shed weight

 

The equities market closed yesterday on a negative note, as NSE ASI depreciated by -0.18% to close at 41,135.56 basis points, compared with the +0.25% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -0.47%.

Market breadth closed positive as CHAMPION led 30 gainers against 25 losers topped by  PZ at the end of today’s session- an unimproved performance when compared with previous outlook.

Market turnover closes negative as volume traded downwards by -37.58% against +294.02% uptick recorded in the previous session. MULTIVERSE, SKYEBANK and FBNH were the most active to boost market turnover. ZENITHBANK and GUARANTY top market value list.