{"id":21073,"date":"2020-06-12T14:07:37","date_gmt":"2020-06-12T14:07:37","guid":{"rendered":"http:\/\/watchdogplusmedia.com\/?p=21073"},"modified":"2020-06-12T14:07:49","modified_gmt":"2020-06-12T14:07:49","slug":"nse-market-extends-loss-as-negative-sentiment-persists","status":"publish","type":"post","link":"https:\/\/watchdogplusmedia.com\/?p=21073","title":{"rendered":"NSE: Market extends loss as negative sentiment persists"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/i3.wp.com\/www.ripplesnigeria.com\/wp-content\/uploads\/2020\/03\/stock-market-down.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p>The Nigerian bourse extended the previous session\u2019s loss on Thursday, depreciating by N16.885 billion amidst negative sentiment triggered by heavy sell pressure.<\/p>\n\n\n\n<p>Thursday\u2019s downward drift was essentially driven by losses recorded by blue-chip stocks led by Julius Berger,&nbsp;<a href=\"https:\/\/www.ripplesnigeria.com\/nigerian-breweries-q1-2020-profit-slumps-by-31\/\">Nigerian Breweries<\/a>, UACN and WAPCO.<\/p>\n\n\n\n<p>Only the Insurance Index closed on a negative note among the sectorial indices, advancing by 0.24% to 135.76 basis points.<\/p>\n\n\n\n<p>A negative market breadth was posted with 17 losers emerging against 16 gainers. The All Share Index fell by 0.13% to 25,182.67 basis points while market capitalisation depressed to N13.137 trillion.<\/p>\n\n\n\n<p>Year to date, the index is down by 6.18%.<\/p>\n\n\n\n<p>TOP 5 GAINERS<\/p>\n\n\n\n<p>Neimeth led the gainers\u2019 chart today, appreciating by 9.83% to close at N2.57. Unity Bank went up by 9.62% to N0.57. ABC Transport rose to N0.49, notching up 8.89% in the process. Japaul added 8.70% to end today\u2019s trade at N0.25. AIICO completed the top 5, climbing by 6.31% to N1.18.<\/p>\n\n\n\n<p>TOP 5 LOSERS<\/p>\n\n\n\n<p>Caverton was the worst performing stock today, declining by 10% to close at N2.25. Prestige shed 9.09% to close at N0.70. Mutual Benefit fell to N0.22, losing 8.33%. Oando slumped to N2.60, recording 7.14% depreciation. Julius Berger closed at N19.85, going down by 6.59%.<\/p>\n\n\n\n<p>TOP 5 TRADES<\/p>\n\n\n\n<p>337.130 million shares estimated at N3.405 billion were traded today in 3,880 deals.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.ripplesnigeria.com\/nse-mtn-gtb-cadbury-lead-gainers-as-market-finds-resilience\/\">GTB<\/a>\u00a0was the most active today with 81.207 million units of its stocks worth N2.020 billion traded in 339 deals. 44.835 million units of Mutual Benefits shares priced at N10.117 million exchanged hands in 111 transactions. FBN Holdings had 25.057 million shares valued at N134.087 million traded in 208 deals. FCMB traded 15.543 million shares estimated at N26.742 million in 34 transactions. Caverton traded 14.071 million shares valued at N33.884 million in 67 deals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nigerian bourse extended the previous session\u2019s loss on Thursday, depreciating by N16.885 billion amidst negative sentiment triggered by heavy sell pressure. Thursday\u2019s downward drift was essentially driven by losses recorded by blue-chip stocks led by Julius Berger,&nbsp;Nigerian Breweries, UACN and WAPCO. Only the Insurance Index closed on a negative note among the sectorial indices, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_mi_skip_tracking":false},"categories":[4],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NSE: Market extends loss as negative sentiment persists &raquo; WatchDog Plus Media<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/watchdogplusmedia.com\/?p=21073\" \/>\n<meta name=\"author\" content=\"Odofin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/watchdogplusmedia.com\/?p=21073#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/watchdogplusmedia.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business\",\"item\":\"https:\/\/watchdogplusmedia.com\/?cat=4\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"NSE: Market extends loss as negative sentiment persists\"}]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"NSE: Market extends loss as negative sentiment persists &raquo; WatchDog Plus Media","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/watchdogplusmedia.com\/?p=21073","author":"Odofin","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BreadcrumbList","@id":"https:\/\/watchdogplusmedia.com\/?p=21073#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/watchdogplusmedia.com\/"},{"@type":"ListItem","position":2,"name":"Business","item":"https:\/\/watchdogplusmedia.com\/?cat=4"},{"@type":"ListItem","position":3,"name":"NSE: Market extends loss as negative sentiment persists"}]}]}},"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"Odofin","author_link":"https:\/\/watchdogplusmedia.com\/?author=2"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/watchdogplusmedia.com\/?cat=4\" rel=\"category\">Business<\/a>","rttpg_excerpt":"The Nigerian bourse extended the previous session\u2019s loss on Thursday, depreciating by N16.885 billion amidst negative sentiment triggered by heavy sell pressure. Thursday\u2019s downward drift was essentially driven by losses recorded by blue-chip stocks led by Julius Berger,&nbsp;Nigerian Breweries, UACN and WAPCO. Only the Insurance Index closed on a negative note among the sectorial indices,&hellip;","_links":{"self":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/posts\/21073"}],"collection":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21073"}],"version-history":[{"count":-4,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/posts\/21073\/revisions"}],"wp:attachment":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}