In a week that was a bit more volatile than the earlier one, Indian equities continued with their bounce and once again ended at their lifetime high. The trading range was wide over the past five sessions, as Nifty oscillated in the range of 414 points. On the anticipated lines, the market did witness bouts of intermittent profit taking, but all those selloffs got bought into at lower levels.
However, this led to an increase in volatility of the previous week. Following days of rangebound corrective move and some advancement on the broader terms, the headline index finally ended with a net gain of 328 points, or 2.35 per cent.
Goddy Egene
Investors staked N7.51 billion on 2.13 billion shares in 4,558 deals yesterday at the stock market as the bulls continued to dominate trading. The value of trading soared by 755 per cent compared to 249.545 million shares exchanged for N2.184 billion in 6,090 deals the previous day. Champion Breweries Plc was the most traded stock by volume and value at 1.91 billion shares and N4.95 billion respectively.
The sustained bullish trend lifted the Nigerian Stock Exchange (NSE) All-Share Index (ASI) by 0.31 per cent to close at 40,490.85, while market capitalisation added N65.7 billion to be at N21.2 trillion.
The gain was bolstered by buying interest in Seplat Petroleum Development Company Plc, Nigerian Breweries Plc and Guaranty Trust Bank Plc. In all, 27 stocks appreciated, while 14 depreciated.
The sustained bullish trend that has characterized the Nigerian Stock market since the beginning of the year continued as the All-Share Index (ASI) rose by 0.31 per cent to close on Thursday at 40,490.85, while market capitalisation added N65.7 billion to close at N21.2 trillion.
At the stock market, investors staked N7.51 billion on 2.13 billion shares in 4,558 deals as the bulls continued to dominate trading. The value of trading soared by 755 per cent compared to 249.545 million shares exchanged for N2.184 billion in 6,090 deals on Wednesday with Champion Breweries Plc the most traded stock by volume and value at 1.91 billion shares and N4.95 billion respectively.
Nifty has again deviated from the mean too much and it stands overstretched now. The volatility, which rose over 25 per cent during the week before this one, cooled off a bit as INDIA VIX came off 2.04 per cent to 19.56.
BlackRock Canada Announces Final Annual Reinvested Capital Gains Distributions for the iShares ETFs
Nachrichtenquelle: globenewswire | 31.12.2020, 02:16 | 170 | 0 TORONTO, Dec. 30, 2020 (GLOBE NEWSWIRE) BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the final annual reinvested capital gains distributions for the iShares ETFs listed on the TSX or NEO for the 2020 tax year. The distributions are for the annual non-cash capital gains distributions, which are typically reinvested in additional units of the respective funds at the year-end, and do not include estimates of ongoing monthly, quarterly, semi-annual, or annual cash distribution amounts. The additional units will be immediately consolidated with the previously outstandi