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AIICO INSURANCE - NEWS
Nigeria's stock exchange market posted profit at the end of yesterday’s trading session.
The market breadth closed negative as CILEASING led 17 Gainers, while 12 Loses were topped by LASACO.
Nigeria's stock exchange market made another bearish end on Thursday, posting a loss at the end of the trading session.
AIICO says all pension assets due for remittance have been duly transferred to PTAD since the year 2017, in full compliance with the directive.
The All-Share Index increased by +0.07 % to close at 38,799.83 from 38,766.61 index points.
BUACEMENT (-6.42%) and DANGCEM (-3.42%) were the major drivers of the plunge, despite the latter's announcement of an N16/share dividend.
The growth in the NSE Insurance Index for the week can be attributed to the appreciation of most insurance stocks.
The five insurance companies coincidentally are the only insurance companies that recorded positive growth.
The market breadth closed negative as SEPLAT led 16 Gainers as against 29 Losers topped by JAPAULOIL at the end of today's session
UACN (+6.67%) led the gainer’s chart today, while NASCON (-9.97%) was the top loser.
Zenith Bank had earlier released its audited financial year 2020 results showing impressive growth on the back of a stellar Q4 outing.
UPDCREIT (+9.35%) led the gainer’s chart today, while AFRIPRUD (-9.59%) was the top loser.