Tuesday, 10 October 2017

GOOD NEWS: NSE Begins Week On A Positive Note

The Equities market of the Nigeria Stock Exchange (NSE) began the week on a positive note, as the market capitalisation recorded a N176 billion gain to close trading at N12.67 trillion. 
The All Share Index (ASI) appreciated by +1.41% to close at 36,831.93 basis points as against +1.53% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at +37.05%.  
Market breadth closed positive as MAYBAKER led 27 Gainers as against 21 Losers topped by AGLEVENT at the end of today’s session- an improved performance when compared with previous outlook. 
Market turnover closes negative as volume moved down by -28.58% as against +15.63% uptick recorded in the previous session. DIAMONDBNK, ACCESS and ZENITHBANK were the most active to boost market turnover. ZENITHBANK and NB  topped market value list.
AIRSERVICE leads the list of active stocks that recorded impressive volume spike at the end of today’s session.

The summary of the trading activities indicates that, a total of 262 million shares, valued at N2.9 billion, exchanged hands in 4,200 deals.

Daily Trust