TRADING on the equities market closed on a negative note yesterday, as NSE ASI depreciated by 0.70% to close at 25,646.56basis points, compared with the 0.49% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -10.46%.
Market breadth closed positive as Tiger Brands led 32gainers against 18losers topped by UPL at the end of yesterday’s session- an improved performance when compared with previous outlook.
Market turnover closes negative as volume declined by 57.53% against 209.18% surge recorded in the previous session. FBNH, Transcorp and Zenith Bank were the most active to boost market turnover. Zenith Bank and GTB top market value list.
Access Bank leads the list of active stocks that recorded impressive volume spike at the end of yesterday’s session.
The post Stocks return to bearish trend, ASI depreciates by 0.70% appeared first on Nigerian News on the go from Nigerian Pilot Newspaper.
Source:: Nigerian Pilot