Page 7 - Market Breadth News Today

"The bottom line is we remain overweight stocks and underweight bonds, with new highs this year not very far away for stocks," Detrick said.

June 22, 2023. Azonuchechi Chukwu. The Nigerian stock market sustained uptrend on Wednesday, growing back to back in three straight sessions as the All Share Index appreciated by 0.36% to close at 59,323.95 points from the previous close of 59,110.02 points. Investors gained N116 billion as the Market Capitalization grew by 0.36% to close at |

"This is something that we were looking for to essentially affirm the strength of the breakout in the major indices, and now we have that."

We believe there is little evidence that narrow breadth kills a bull market. Market breadth has been broadening in June, in our view.

June 20, 2023. Azonuchechi Chukwu. The Nigerian stock market on Monday halted two sessions of downtrend as the All Share Index grew marginally by 0.02% to close at 59,014.85 points from the previous close of 59,000.96 points. The Market Capitalisation appreciated by 0.02% to close at N32.134 trillion from the previous close of N32.136 trillion, |

June 16, 2023. Azonuchechi Chukwu. Thursday’s trading activities on the floor of the Nigerian stock market closed bearish on profit taking in MTN Nigeria and other 39 stocks The All Share Index declined by 1.32% to close at 59,195.21 points from the previous close of 59,985.10 points. The Market Capitalisation declined by 1.32% to close |

In this article, we will discuss the 10 stocks recently downgraded by analysts. If you want to see more such stocks on the list, you can directly visit Analysts Are Downgrading These 5 Stocks. Market analysts assess market breadth, which examines whether a market movement is supported by a wide range of stocks or a few […]

June 9, 2023. Azonuchechi Chukwu. The equity market on Thursday closed on a bearish note as the All Share Index dropped by 0.12% to settle at 55,956.59 points from the previous close of 56,024.52 points. The Market Capitalisation declined by 0.12% to close at N30.469 trillion from the previous close of N30.506 trillion, thereby shedding |

June 7, 2023. Azonuchechi Chukwu. The Nigerian stock market on Tuesday bounced back from Monday’s marginal slide of 0.02% as the All Share Index grew by 0.42% to close at 56,038.85 points from the previous close of 55,806.71 points. The Market Capitalisation appreciated by 0.42% to close at N30.513 trillion from the previous close of |

June 6, 2023. Azonuchechi Chukwu. The equity market on Monday closed on a bearish note as the All Share Index dipped by 0.02% to settle at 55,806.71 points from the previous close of 55,820.50 points. The Market Capitalisation declined by 0.03% to close at N30.387 trillion from the previous close of N30.395 trillion, thereby shedding |