author

EFE Securities

7 years ago

Weekly Reports

Weekly 20.01.2017

The market ended the week under review in the red amidst weak demand in the market’s momentum stocks. Two major events relating to the market’s top stocks in the recent past swayed the market as they had the effect of dampening sentiment. First was the uninspiring delta trading update in which major performance indicators of volumes and revenues suffered knocks as management struggle to buck the declining trend.