Nigerian Stocks ended Thursday’s trading session on an impressive note.
The All Share Index gained by 1.54% to close at 40,963.14 index points as against +0.11% upsides recorded on Wednesday.
Its Year-to-Date (YTD) returns currently stands at +1.72%. Nigerian Stock Exchange market value now stands at N21.4 trillion
Nigerian bourse trading volume also surged higher, on the account volume ticked up by 72.89% as against the 59.86% plunge recorded yesterday. TRANSCORP, MBENEFIT and GUARANTY were the most active to boost market turnover.
The market breadth closed positive as CHAMPION led 49 Gainers as against 7 Losers topped by COURTVILLE at the end of today’s session – an improved performance when compared with the previous outlook.
NASCON up 9.72% to close at N17.5
ARDOVA up 9.25% to close at N21.85
SEPLAT up 8.76% to close N540
DANGCEM up 3.04% to close at N237
MTNN up 1.82% to close at N168
NEIMETH down 6.36% to close at N2.06
COURTVILLEdown 8.33% to close at N0.22
JAIZBANK down 2.78% to close at N0.7
NAHCO down 1.75% to close at N2.25
GUINNESS down 0.26% to close at N18.85
Nigerian Bourse recorded an impressive winning streak this week as some NSE30 stocks including, SEPLAT, ARDOVA, MTN triggered the upward run at Thursday’s trading session.
The Nigerian Stock market advance to close in positive territory as buying interest was seen on stocks across the board.
Nairametrics however, envisage cautious buying, amid improved market conditions in Nigeria’s financial market.