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Bargain-hunting lift capitalisation by N45 billion


NSE trading floor. PHOTO: FEMI ADEBESIN-KUTI
Although price gains outweighed losses, transactions on the equity sector of the Nigerian Stock Exchange (NSE) was upbeat yesterday, occasioned by bargain-hunting in some high capital stocks, as market capitalisation appreciated by N45 billion.
   
The All-Share Index (ASI) grew by 86.97 absolute points or 0.21 per cent increase to close at 41,088.96 points. Also, the overall market capitalisation value gained N45 billion to close at N21.494 trillion.
   
The market gain was driven by price appreciation in large and medium value stocks including Airtel Africa, Dangote Cement, MRS Oil Nigeria, Julius Berger, and Lafarge Africa.
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Analysts at Vetiva Dealing & Brokerage said: “The Nigerian equity market returned to the positive territory due largely to the upward movement in major large cap stocks such as DANGCEM and AIRTELAFRI. ....

Julius Berger , Airtel Africa , Lafarge Africa , Ardova Plc , Nigerian Stock Exchange , Fidelity Bank , Transnational Corporation Of Nigeria Transcorp , Oil Nigeria , Royal Exchange , Soverign Trust Insurance , Zenith Bank , United Capital Plc , United Bank , All Share Index , Dangote Cement , Vetiva Dealing , Baker Nigeria , Transnational Corporation , Bargain Hunting , ஜூலியஸ் பெர்கர் , நைஜீரியன் ஸ்டாக் பரிமாற்றம் , நம்பகத்தன்மை வங்கி , நாடுகடந்த நிறுவனம் ஆஃப் நைஜீரியா டிரான்ஸ்கார்ப் , எண்ணெய் நைஜீரியா , அரச பரிமாற்றம் , உச்சம் வங்கி ,

NSE: Dangote Cement, Airtel Africa lift trading by 0.21%


Lagos, Jan. 25, 2021 Activities on the nation’s bourse resumed the week on Monday on a positive note following investors’ interests in Dangote Cement and Airtel Africa.
Specifically, the All-Share Index inched higher by 86.97 points or 0.21 per cent to close at 41,088.96 from 41,001.99 on Friday.
Consequently, month-to-date and year-to-date returns increased to 2.0 per cent.
Also, the market capitalisation, which opened at N21.448 trillion improved by N46 billion or 0.24 per cent to close at N21.494 trillion.
The market gain was driven by price appreciation in large and medium capitalised stocks amongst which are; Airtel Africa, Dangote Cement, MRS Oil, Julius Berger and Lafarge Africa. ....

Julius Berger , Airtel Africa , Lafarge Africa , Fidelity Bank , Zenith Bank , Analysts At United Capital Plc , Royal Exchange , Soverign Trust Insurance , Monetary Policy Committee , United Bank , Dangote Cement , All Share Index , United Capital Plc , University Press , ஜூலியஸ் பெர்கர் , நம்பகத்தன்மை வங்கி , உச்சம் வங்கி , ஆய்வாளர்கள் இல் ஒன்றுபட்டது மூலதனம் ப்ல் , அரச பரிமாற்றம் , பண பாலிஸீ குழு , ஒன்றுபட்டது வங்கி , அனைத்தும் பகிர் குறியீட்டு , ஒன்றுபட்டது மூலதனம் ப்ல் , பல்கலைக்கழகம் ப்ரெஸ் ,