All-Share Index Falls 1 7% as Demutualisation Fails to Lift Market thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
Lagos, March 8, 2021 The Nigerian equities market resumed trading for week upbeat on Monday with key indicators improving by 0.17 per cent.
Consequently, the All-Share Index garnered 64.96 points or 0.17 per cent to close at 39,396.57 compared with 39,331.61 recorded on Friday.
Similarly, the market capitalisation rose by N34 billion or 0.17 per cent to close at N20.612 trillion in contrast with N20.578 trillion posted on Friday.
The uptrend also driven by price appreciation in medium and large capitalised stocks amongst which are: Lafarge Africa, Ardova, FBN Holdings, Access Bank and Champion Breweries.
Analysts have expressed optimism that the stock market would witness a rebound in the absence of Nigerian Treasury Bill auction this week.
Ardova, Lafarge Africa, others lift market index by 0 17% guardian.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guardian.ng Daily Mail and Mail on Sunday newspapers.
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NSE’s indices resume week with 0.17% growth
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The Nigerian equities market resumed trading for week upbeat on Monday with key indicators improving by 0.17 per cent.
Consequently, the All-Share Index garnered 64.96 points or 0.17 per cent to close at 39,396.57 compared with 39,331.61 recorded on Friday.
Similarly, the market capitalisation rose by N34 billion or 0.17 per cent to close at N20.612 trillion in contrast with N20.578 trillion posted on Friday.
The uptrend was also driven by price appreciation in medium and large capitalised stocks amongst which are: Lafarge Africa, Ardova, FBN Holdings, Access Bank and Champion Breweries.