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ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. (3094 Views)

Market Reopens Bearish As Index Plunges Further By 1.53% / Bearish Trading Persist At NSE As Quities Down By 0.39% / Equities Market Remains Bearish On Profit Taking In Banking Stocks (2) (3) (4)

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ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by froz(m): 9:27am On Jul 05, 2017
The equity market on Tuesday shed 1.10%, extending bearish run to three trading sessions. Similarly, market breadth closed negative recording 10 gainers against 31 losers.

In summary, the All Share Index (ASI) shed 359.60 absolute points, representing a decline of1.10% to close at 32,410.20 points. Similarly, the Market Capitalization shed N162.18 billion, representing a decline of 1.43% to close at N11.17 trillion. The difference in market capitalization was due to the delisting of Ashaka Cement.
The downturn was impacted by losses recorded in medium and large capitalized stocks, amongst which are;
UBA (-5.75%),
FLOURMILL (-5.07%),
JBERGER (-5.00%),
GUINESS (-4.99%),
CONOIL (-4.98%),
FBNH (-3.43%),
STANBIC (-3.00%),
ACCESS (-2.25%),
NB (-1.86%),
OANDO (-1.66%),
ZENITH (-1.51%) and GTB (-1.28%).

Also, find Market statistics

https://brandspurng.com/asi-sheds-1-10-extending-bearish-run-to-three-trading-sessions/

 Corporate Benefits & Relevant Dates reported thus far in 2017.


Source: https://brandspurng.com/asi-sheds-1-10-extending-bearish-run-to-three-trading-sessions/

Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by nic2wao: 9:48am On Jul 05, 2017
Nice update


Sadly, the bearish run by most top guns trully shows the current state of the nation.

The Economy is in comatose
Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by Nobody: 7:24am On Jul 06, 2017
keep it up.

following...
Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by ezecy: 7:33am On Jul 06, 2017
If you wish to make money installing school management software for schools around you!!

Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by fernandez1(m): 7:33am On Jul 06, 2017
cheesy
Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by Nobody: 7:35am On Jul 06, 2017
t
Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by ayusco85(m): 7:35am On Jul 06, 2017
No idea what they talking about

2 Likes

Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by Teletexter: 7:39am On Jul 06, 2017
ayusco85:
No idea what they talking about

Abeg shift for me, make I join you.
Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by HottestFire: 7:42am On Jul 06, 2017
Forget the large profits declared by banks, the fundamental analytic trend is exposing them in the stock market. I pray an upward trend happens.
Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by deebee13(f): 7:43am On Jul 06, 2017
Wow, nice!


Lol, who am I kidding, grin




Uncle froz, please interpret this thing in English. smiley wink
Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by mystry(m): 7:43am On Jul 06, 2017
wetin e mean?
Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by ayusco85(m): 7:45am On Jul 06, 2017
Teletexter:


Abeg shift for me, make I join you.

I Don shift. Hope say u no get big nyash to sit near d small space wey remain grin
Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by LoveJesus87(m): 7:49am On Jul 06, 2017
T
Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by Noel1: 7:49am On Jul 06, 2017
ayusco85:
No idea what they talking about
I be don dey tink say na only me waka come. lol
Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by Teletexter: 7:50am On Jul 06, 2017
ayusco85:


I Don shift. Hope say u no get big nyash to sit near d small space wey remain grin

cheesy

Kuku stand up.
Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by brightersms(m): 7:50am On Jul 06, 2017
MY STOMACH OOOOO

HAHAHAHAHHHAH


https://www.youtube.com/watch?v=cx_9FDaF7Fw
Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by ayusco85(m): 7:51am On Jul 06, 2017
Teletexter:


cheesy

Kuku stand up.

Hahahaha. My guess was right after all.

*reluctantly stands up* grin
Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by ayusco85(m): 7:54am On Jul 06, 2017
Noel1:
I be don dey tink say na only me waka come. lol

Lol. Person never chop finish, them dey use forex jargon destroy person brain this morning.

1 Like

Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by locust(m): 7:56am On Jul 06, 2017
Wow. Good development. Only I don't know what you people were yapping about. Which one come be bearish run ehhn?

Nice one again. More of it!
Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by DatLagboi(m): 8:01am On Jul 06, 2017
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Contact 2kconcept Today,
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Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by abumeinben(m): 8:09am On Jul 06, 2017
Can anyone in the house help with financial knowledge?

This is my weak point
Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by sleeknick: 8:13am On Jul 06, 2017
Na all this grammar dem dey kari tiff awa money so. Like this like this, 30billion don lost be dat o!

1 Like

Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by flinton(m): 8:13am On Jul 06, 2017
Seems this bearish run is universal, even Cryptocurrencies markets are not spared

1 Like

Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by flinton(m): 8:13am On Jul 06, 2017
Seems this bearish run is universal, even Cryptocurrency markets are not spared
Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by woodmood: 8:15am On Jul 06, 2017
HottestFire:
Forget the large profits declared by banks, the fundamental analytic trend is exposing them in the stock market. I pray an upward trend happens.


was the fundamental analysis not there when the banking stocks got to a new height not experienced for over 18 months about 3 weeks ago?.
FBNH from N3.20 to N6 plus.
UBA from N4.25 to close to N9.

A lot of factors aside declared profit determines price fluctuation.

1 Like

Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by omooba969(m): 8:22am On Jul 06, 2017
The Bears & the Bulls. cool

But Op, this is beyond nairalanderz & one can only imagine how clueless most of them look right now.grin

This is way beyond their regular meals like uncle Dino, Tinubu, Mr. Bubu, Nnamdi Cownu, High Thief Saraki, Ipob&Biafra, jungle justice, snake stories & yeyebrities.

For once, lease of fresh air. wink

2 Likes

Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by Nobody: 8:25am On Jul 06, 2017
deebee13:
Wow, nice!


Lol, who am I kidding, grin




Uncle froz, please interpret this thing in English. smiley wink


U first,

interpret your hotness to us.

cos me ayam not understanding your beauty cool
deebee13:
Wow, nice!


Lol, who am I kidding, grin




Uncle froz, please interpret this thing in English. smiley wink


U first,

interpret your hotness to us.

cos me ayam not understanding your beauty
Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by HottestFire: 8:26am On Jul 06, 2017
woodmood:



was the fundamental analysis not there when the banking stocks got to a new height not experienced for over 18 months about 3 weeks ago?.
FBNH from N3.20 to N6 plus.
UBA from N4.25 to close to N9.

A lot of factors aside declared profit determines price fluctuation.




This is price flunctuation in anticipation of good news on economic policies that most time are not sustained. The trend now is also an indication that all is not well both internally and externally when it concerns the economic horizon.

1 Like

Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by joenor(m): 8:26am On Jul 06, 2017
U don start ooo oshare.
nic2wao:
Nice update


Sadly, the bearish run by most top guns trully shows the current state of the nation.

The Economy is in comatose
Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by joenor(m): 8:28am On Jul 06, 2017
No ooo ur family members follow u waka come.
Noel1:
I be don dey tink say na only me waka come. lol
Re: ASI Sheds 1.10%, Extending Bearish Run To Three Trading Sessions. by joenor(m): 8:31am On Jul 06, 2017
Make person still help with the meaning of (bearish) na?

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