Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth
The Local bourse rallied by 2.87 per cent amid sustained bargain hunting activities, despite the negative market breadth
of 20 losers against 16 gainers at the close of business.
Despite the PSEi's gain, market breadth
Summary: New Delhi, Jan 22 (ANI) Equity benchmarks opened lower on Tuesday with market breadth
leaning in favour of sellers.
The BSE market breadth
was bullish with 1,024 advances and 549 declines.
Overall market breadth
was negative as losers led gainers 435 to 279, while 406 counters were unchanged, 746 untraded and 48 others suspended.
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.
was positive with total value turnover at P6.9 billion.
The overall market breadth
for the day was positive with 138 advancers against 6 decliners giving it an AD ratio of 23, the Financial Transaction House (FTH) -- licensed by the Capital Market Authority -- said in its daily market commentary.
was negative with seven securities gaining against 27 declining.
was negative, 103 to 80 while 61 issues were unchanged.