Equities Market Opens Week Bullish, Gains N213bn

The All-Share Index gained 388.83 points, representing a gain of 0.59 per cent to close at 66,770.97 points. Also, market capitalisation rose by N213 billion to close at N36.544 trillion.

This week, United Capital Plc said: “we expect to see investors taking positions in anticipation of the Q3, 2023 earnings season. Investors will continue cherry-picking activities around fundamentally sound stocks with a preference to companies that have posted strong results in the first half of the year.”

Oando rose by 9.55 per cent to close at N8.60, while UACN appreciated by 8.50 per cent to close at N10.85, per share. On the other side, Linkage Assurance led others on the losers’ chart with 10 per cent to close at 72 kobo, per share. CWG followed with a decline of 9.94 per cent to close at N7.79, while Red Star Express shed 9.86 per cent to close at N2.65, per share.Tantalizer depreciated by 9.38 per cent to close at 29 kobo, while UPDC Real Estate Investment Trust dipped by 8.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Investors' demand for BUA cement, 22 others lift stock market by N213bnThe Nigerian Exchange Limited (NGX) market capitalisation on Tuesday gained N213 billion to start a new week on a positive note amid investors' demand for
Fonte: DailyPostNGR - 🏆 11. / 59 Consulte Mais informação »

FG announces N75 billion interest-free loan for 1.5m market womenPresident Bola Ahmed Tinubu-led government announced on Tuesday that it will kickstart providing a non-interest loan of N50,000 to 1.5 million market
Fonte: DailyPostNGR - 🏆 11. / 59 Consulte Mais informação »