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Nairaland Forum / Nairaland / General / Investment / Nse Update For 19th December 2016 (304 Views)
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Nse Update For 19th December 2016 by edewojames(m): 12:04am On Dec 20, 2016 |
The Exchange resume today after a peaceful weekend with the following indicies. ASI 26,707.10 DEALS 3,387.00 VOLUME 874,335,397.00 VALUE 4,386,021,380.53 CAP 9,189,282,485,678.17 At the close of today's market trades, the following market barometer was made available. ASI 26,586.56 DEALS 2,789.00 VOLUME 262,897,414.00 VALUE 1,747,930,948.07 CAP 9,147,806,552,684.52 The Market capitalisation and the All Share Index decline by marginally by a similar percentage of 0.45 percent approximately. The ASI falls by 120.54 basis point. Also, the volume and value of equities traded in the exchange fall drastically to 262,897,414.00 and N1,747,930,948.07 respectively in 2,789 deals. This is opposed to last week figures where the Market Capitalization increases continuously day by day. As per last week, it was predicted that a percentage of investors are selling their shares so as to meet up the expenses of the holidays coming soon. However, other investors were buying this shares. But the market behaviour changes this week starting Read More here http://www.myfinancein.com/2016/12/nse-update-for-19th-december-2016.html
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