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NGX key market indices up 0.21%, ahead MPC meeting

NGX: Key indices record 0.04% marginal growth

By Chinyere Joel-Nwokeoma Lagos, July 14, 2021 Key indices of the Nigerian Exchange (NGX) closed on Wednesday with a marginal growth of 0.04 per cent on renewed bargain hunting. Accordingly, the All-Share Index grew by 15.31 points or 0.04 per cent to close at 37,872.55 from 37,857.24 recorded on Tuesday. Thus, the month-to-date and year-to-date losses moderated to 0.1 per cent and 6.0 per cent, respectively. In the same vein, the market capitalization inched higher by N8 billion to close at N19.732 trillion against N19.724 trillion on Tuesday. The positive performance was driven by price appreciation in large and medium capitalised stocks amongst which are; Total Nigeria, MTN Nigeria Communications (MTNN), NCR Nigeria, Capital Hotel and PZ Cussons.

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