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NIGERIAN STOCK EXCHANGE (NSE)

The stock market is only as resilient as the economy.
The ASI improved by 1.40% to close at 24,512.27 index points.
Market activity improved, compared to the previous trading session.
The fund increased the company’s net loans from  N482.5 million in December 2019 to N1.7 billion.
Dr. Oladiran Fawibe stated that he would fully vacate the office of the Chairman on July 16.
The notification is in conformity with the rules of the Nigerian bourse on the obligations of the issuer.
UBA was the most traded stock by volume at 23.9million units, followed by FBNH.
Across sectors, three of the five indexes under our coverage closed in the red.
The Revenue for Conoil as of December 31 2019 was N139.76 billion as against the N122.21 billion recorded for the corresponding period for 2018
Nigeria’s bourse gained N47.9 billion in second trading day of June over share price appreciation in blue-chip companies.
Equity investors on Nigeria’s bourse gained N25.1 billion as market capitalization appreciated by the same margin to close at N12.48 trillion.
A total of 325.61 million shares valued at N4.47 billion was traded in 5,647 deals on Friday. FBNH was the most traded stock by volume of 75.1 million units, while GUARANTY topped by value at N904.25 million.