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Skye bank tops losers on sell-off as stocks extend losing streak

Skye bank tops losers on sell off as stocks extend losing streak

The equities market closed Monday on a negative note, as NSE ASI depreciated by 1.04% to close at 29,002.06basis points, compared with the 0.99% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at +1.26%.

Market breadth closed negative as OANDO led 10gainers against 33losers topped by SKYEBANK at the end of today’s session- an unimproved performance when compared with previous outlook.

Market Turnover

Market turnover closes negative as volume declined by 24.72% against 44.62% declined recorded in the previous session. ZENITHBANK, FBNH and ACCESS were the most active to boost market turnover. WAPCO and ZENITHBANK  top market value list.

See Value Boosters

Volume Shockers

UNIONDICON leads the list of active stocks that recorded impressive volume spike at the end of today’s session.

Categories: BANKING
Haruna Magaji: Haruna Magaji is a journalist, foreign policy expert and closet musician. He is a graduate of ABU Zaria and a member of the Nigerian union of journalists. JSA, as he is fondly called, resides in Suleja, Abuja. email him at - harunamagaji@financialwatchngr.com
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