Gapped up today but capped at 2741 and has fallen down to 2451 now. It's early in the day though, but the initial increase is not bullish yet. Also resistance at the daily 200 EMA at 2591 is holding NMC back. Either way ,good news today and a possible reversal of its downtrend looks likely.
NRR still very bearish based on decline in retail sector, and poor reflection on property REITs based on INTU's problems. Therefore, NRR is still firmly bearish and probably will have more to fall. As the % dividend return on the shares is so high it will be the first to be cut to assist their finances. GLA