Weekly Market Update

The bearish sentiment in the equities market persisted this week, making it the fifth consecutive week in the…

Weekly Market Update

The month of April kicked off on a negative note, as the equities market closed down on three (3) out of four (4) trading days of the week. Consequently, the NSEASI declined by 1.60%, dragging the Year to Date (YtD) return lower to 6.79% at the close of trades this week. The market breadth settled at 0.40x, as there were twenty-one (21) gainers against fifty-three (53) losers.