Page 5 - Market Breadth News Today

September has been the worst month this year triggered by US Federal Reserves decision to leave interest rates at their highest in 22 years. With the market expected to move on account of short covering during the week, keep a look out for smaller stocks

Most global markets closed in the red due to central banks decisions and rising oil prices. The BSE Sensex fell 2.69 percent during the week, but a consolidation is in the works

The Indian markets continued its upward momentum despite a mixed global equity market. The uptrend can likely continue until Nifty does not confirm a reversal on price action

August 10, 2023. Azonuchechi Chukwu. The equity market on Wednesday closed on a bearish note as the All Share Index dropped by 1.75% to settle at 64,167.39 points from the previous close of 65,309.65 points. The Market Capitalisation declined by 1.75% to close at N34.919 trillion from the previous close of N35.540 trillion, thereby shedding |

August 9, 2023. Azonuchechi Chukwu. The Nigerian stock market closed bearish on Tuesday as the All Share Index declined by 0.04% to close at 65,309.65 points from the previous close of 65,336.71 points. The Market Capitalisation declined by 0.04% to close at N35.540 trillion from the previous close of N35.555 trillion, thereby shedding N15 billion. |

For Clark Capital in July, large-cap growth stocks have dominated in 2023, but market breadth has improved in recent months.

July 27, 2023. Azonuchechi Chukwu. Nigerian stock market on Wednesday declined admits profit taking in 24 stocks. The All Share Index dropped by 0.46% to close at 65,687.16 points from the previous close of 65,991.02 points. The Market Capitalisation declined by N189 billion to close at N35.746 trillion from the previous close of N35.935 trillion. |

July 20, 2023. Azonuchechi Chukwu. Transactions on the floor of the Nigerian Exchange on Wednesday closed lower as the All Share Index declined marginally by 0.01% to close at 63,757.23 points from the previous close of 63,766.72 points. The Market Capitalisation declined by 0.02% to close at N34.716 trillion from the previous close of N34.722 |

July 19, 2023. Azonuchechi Chukwu. The Nigerian stock market on Tuesday closed higher as the All Share Index rose by 1.31% to settle at 63,766.72 points from the previous close of 62,943.35 points. The Market Capitalisation was up by 1.31% to close at N34.722 trillion from the previous close of N34.273 trillion, thereby gaining N449 |

July 18, 2023. Azonuchechi Chukwu. The Nigerian equity market on Monday halt three sessions of loses to closed on a positive note as the All Share Index appreciated by 0.60% to settle at 62,943.35 points from the previous close of 62,569.73 points. The Market Capitalisation closed at N34.273 trillion from the previous close of N34.070 |