From NSE Data, the market sustained a downward trend as the NSE ASI depreciated significantly by -1.08% to end today’s trading session Wednesday July 08 2015, which closed at 32,031.73.
Massive declines in the prices of DANGCEM with -1.08%, FO with -1.53%, 7UP with -1.24%, GUARANTY with -0.83%, SEPLAT with -0.31%, ZENITH with -0.26% and NB with -0.18% were contributory factors to the loss recorded in today’s session.
Also, the decrease took the week–to–date, the month–to–date and year-to-date market returns to a deeper loss of -1.56% ,-4.26% and -7.58% respectively.
ZENITHBANK, FO and ACCESS were the most active stocks boosting market turnover in the bourse despite the loss.
The market breadth remained negative as 31 losers over 13 gainers was recorded.
Volume traded decreased by -10.67% to 193.97 million shares, valued at N2.92 billion and traded in 3,328 deals. The highest gainer recorded was ASHAKACEM with a 4.98% gain in its price, while BETAGLAS on the other hand was the highest loser with -5.00% loss in its price.
Also, four of the key five sectoral indices were affected in today’s reversals.