However, the market breadth
is negative as 1,572 shares have advanced, against a decline of 740 shares.
The BSE market breadth
was bullish with 867 advances and 325 declines.
Despite the PSEi's gain, market breadth
Summary: The BSE market breadth
was bullish as 1,676 stocks advanced as compared to 1,071 declines
However, the BSE market breadth
was bullish - 1,498 advances and 1,157 declines.
On the total market breadth
, of the 57 Islamic companies, 6 advanced while 36 declined during the week.
was positive with total value turnover at P6.
There is some cause for concern in regards to market breadth
as there were 16 issues that gained while 19 fell.
The market breadth
was negative, with 1,427 scrips advancing, compared to 1,529 stocks declining, and 104 remaining unchanged.
Overall, market breadth
was positive as advancers beat decliners, 70 to 56.
THOUSAND OAKS - Biotechnology giant Amgen released data Monday illustrating anti-anemia drug Aranesp's ability to treat patients with lymphoid cancer - ultimately enhancing the product's market breadth
For years, traders and investors have been using unproven assumptions about popular patterns such as breakouts, momentum, new highs, new lows, market breadth
, put/call ratios and more without knowing if there is a statistical edge.