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NIGERIAN BOURSE
Market analysts are slightly pessimistic about the coming week in the Nigerian bourse.
Fifty-three (53) equities appreciated at price during the week, higher than thirty-six (36) equities in the previous week.
Market breadth closed negative as BERGER led 21 Gainers as against 31 Losers topped by UNILEVER.
The aggregate market value of all quoted equities rose from its opening value of N14.202 trillion to settle at N15.110 trillion.
Fifteen (15) equities depreciated in price, lower than twenty-eight (28) equities in the previous week.
A total volume of 459.7 million units of shares, valued at N4.30billion exchanged hands in 4,553 deals.
TOTAL led 22 Gainers as against 7 Losers topped by UAC-PROP at the end of today's session.
The All Share Index (ASI) gained by 1.28% to close the week at 13,754.87 points.
The Nigerian bourse ended the week cumulatively on a less impressive note.
CAVERTON led 20 Gainers as against 6 Losers topped by ABCTRANS at the end of today's session
NEIMETH led 17 Gainers as against 16 Losers topped by INTBREW at the end of today's session
CUSTODIAN, ZENITHBANK and GUINNESS were the most active to boost market turnover.