Tag
NIGERIAN STOCKS
News and stories about Nigerian Stocks
With 18 gainers and 16 losers, most sectoral indices rode on the back of gains by mid and large-cap stocks to close positive.
The market breadth closed flat as NCR led 21 Gainers as against 21 Losers topped by AFRIPRUD at the end of today's session.
FLOUR MILL led 36 Gainers against 11 Losers topped by TRANSEXPR at the end of today's session
STANBIC led 25 Gainers as against 16 Losers topped by ETERNA at the end of today's session.
A total volume of 568million units of shares, valued at N7.32billion exchanged hands in 8,928 deals.
Twenty-one (21) equities appreciated at price during the week, lower than sixty-nine (69) equities in the previous week.
The market was mostly bearish on profit-taking from retail investors, notably on ZENITHBK (-1.73%) and MTNN (-1.29%).
With 38 gainers to 8 losers, Nigeria's bourse sectoral indices closed mostly positive.
It was a historic trading week as the NSE All-Share Index (ASI) posted its largest daily gain in more than five years on Thursday.
Today’s market upturn was impacted by gains recorded in large and medium capitalized stocks.
High volatility is anticipated on the bias that the Banking index remains by far the most liquid and traded on the Nigerian Stock Market.
Market breadth closed positive as TRANSCORP led 18 Gainers as against 17 Losers topped byAFRIPRUD at the end of today's session.