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Nigerian stocks end bullish amid drop in BOCGAS and BERGER

Ubah Jeremiah Ifeanyi by Ubah Jeremiah Ifeanyi
July 7, 2021
in Markets, Stock Market
NSE’s market capitalization rises to N13.2 trillion, as investors gain N46 billion
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Nigeria’s stock exchange market made a bullish trend at the end of today’s trading session posting gains that increased the index by +83.27 points. The All-Share Index increased by +0.22% to close at 38,501.31 from 38,418.04.

  • The stock exchange market value currently stands at N20.03 trillion. Its Year-to-Date (YTD) returns currently stand at -4.39%.
  • The market breadth closed positive as CUTIX led 22 Gainers, and 13 Losers topped by BOCGAS at the end of today’s session.
  • The stock market has declined -1,769.41 basepoints since the start of the year.

NGX ASI top gainers

  • CUTIX up +10.00% to close at N3.63
  • JOHNHOLT -PROP up +9.84% to close at N0.67
  • UAC-PROP up +9.71% to close at N1.13
  • TRIPPLEG up +8.33% to close at N0.91
  • WAPIC up +5.36% to close at N0.59

NGX ASI top losers

  • BOCGAS down -9.94% to close at N7.70
  • BERGER down -9.64% to close at N8.90
  • COURTVILLE down -4.55% to close at N0.21
  • JAPAULGOLD down -3.92% to close at N0.49
  • UNITYBNK down -3.51% to close at N0.55

Outlook

• Market sentiments trend towards the bulls as 22 gainers outweighed 13 losers.
• Nairametrics advises cautious buying in this era of growing uncertainties.

Related

Tags: BergerBOCGASNigerian Stock Exchange Market

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