News Formal

Indices up by N22 billion on potential year-end earnings, dividends | The Guardian Nigeria News - Nigeria and World News

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 94%

Business News News

Business Business Latest News,Business Business Headlines

Bargain-hunting ahead of the 2021 full year earnings and dividend declarations yesterday spurred activities on the equities sector of the Nigerian Exchange Limited ( NGX), causing market capitalisation to appreciate by N22 billion.

In summary, the All-Share Index grew by 41.40 absolute points, representing an increase of 0.10 per cent to close at 42,394.71 points while the overall market capitalisation value gained N22 billion to close at N22.129 trillion.

Market sentiment, as measured by market breadth, was positive as 21 stocks gained while 11 others recorded price depreciation. On the other hand, C & I Leasing led the losers’ chart by 8.70 per cent to close at N4.20 kobo. Consolidated Hallmark Insurance followed with a decline of 6.90 per cent to close at 54 kobo while Wapic Insurance declined by 5.88 per cent to close at 48 kobo.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigeria gets new seed production company | The Guardian Nigeria News - Nigeria and World NewsTo boost food production through the deployment of new technologies, the African Agriculture Technology Foundation (AATF), Bill and Melinda Gates Foundation (BMGF), Alliance for Green Revolution in Africa...
Source: GuardianNigeria - 🏆 1. / 94 Read more »