From NSE Data, bearish trading persisted in today’s trading as the NSE ASI plunge by a significant loss of -2.32% with continual sell-offs dominating the Equity market which closed at 28,137.65
The decrease took the week–to–date, the month–to–date returns and the year-to-date markets returns to deeper losses of -3.68%, -6.77% and -18.81% respectively
GUARANTY, ZENITHBANK and ACCESS were the most active stocks boosting market turnover in the bourse despite the loss.
Market breadth remained negative as 47 losers over 6 gainers were recorded..
Volume traded also decreased by -19.91% to 483.74 billion shares, valued at N5.09 billion and traded in 4,673 deals. The highest gainer recorded was DANGSUGAR with an 4.97% gain in its price, while PZ on the other hand was the highest loser with -9.69% loss in its price.
Also, all of the key five sectoral indices was affected in today’s reversals.