NEGATIVE trends persist in the Nigerian Stock Exchange (NSE) as major market indicators shed 0.58 per cent at the end of equities trading on Wednesday.
Specifically, the NSE All-Share Index depreciated by -0.58 per cent to close at 36,748.18 basis points as against -0.81 per cent depreciation recorded previously, thus leaving its Year-to-Date (YTD) returns currently standing at -3.91 per cent.
Similarly, market breadth closed in favour of the bear with 20 gainers against 23 losers.
All sectoral indices closed in a mix. While the Insurance, Consumer and Goods, ASEM and Lotus Islam appreciated by 1.32 per cent, 1.06 per cent, 0.25 per cent and 0.14 per cent respectively; other indices lost with Banking losing two per cent, Oil and Gas, -1.20 per cent and Industry, -0.52 per cent.
A total of 181 million shares in terms of volume were traded on Wednesday as against previous close of 203…
Read More…..Tribune Newspaper
