Tuesday 2 June 2015

Stocks zigzag on mixed sentiments, ASI records modest gain

The equities market closed today on a positive note, as NSE ASI appreciated by 0.05% to close at 34,061.89 basis points, compared with the 0.77% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -1.72%

Market breadth closed negative as VONO  led 26gainers against 19losers topped by INTENEGINS at the end of today’s session- an improved performance when compared with previous outlook.

Market turnover closes negative as volume declined by 34.23% against 52.10% decline recorded in the previous session. ZENITHBANK, ETI and UBA were the most active to boost market turnover. NB and GUARANTY top market value list.

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