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HomeBusinessSell Pressure Persists As Investors Lose N232.06bn

Sell Pressure Persists As Investors Lose N232.06bn

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The equities market closed Thursday on a negative note, as the Nigerian Stock Exchange All Share Index NSEASI dipped by -1.27% to close at 34,577.26 basis points as against -0.04% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at +28.82%.

Market breadth closed negative as OKOMUOIL led 6 Gainers as against 40 Losers topped by FBNH at the end of Thursday’s session – an unimproved performance when compared with the previous outlook.

Market turnover closed positive as volume moved up by +95.68% as against the -7.76% downtick recorded in the previous session. GUARANTY, ZENITHBANK, and TRANSCORP were the most active to boost market turnover. GUARANTY and ZENITHBANK topped the market value list.

OKOMUOIL led the list of active stocks that recorded an impressive volume spike at the end of Thursday’s session.

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