Nigerian Stock Market Erases 1-day Gain, Posts 3.00% Loss For The Week

The equities market closed Friday on a negative note, as NSE ASI depreciated by 0.19% to close at 26,170.88basis points, compared with the 0.18% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -8.63%.
Market Breadth
Market breadth closed negative as WEMABANK led 18gainers against 19 Losers topped by WAPCO at the end of today’s session- an improved performance when compared with previous outlook.

Market Turnover
Market turnover closes positive as volume surged by 1541.10% against 5.80% decline recorded in the previous session. STDINSURE, ZENITHBANK and STERLNBANK were the most active to boost market turnover. GUARANTY and STDINSURE top market value list.

Volume Shockers
STDINSURE leads the list of active stocks that recorded impressive volume spike at the end of today’s session.

Author: NewsAdmin

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