Nigerian stocks add N172 billion hit five-week peak

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

BUA Cement and lenders Zenith Bank and Stanbic IBTC Bank helped pushed total gains on Tuesday.

upped by 0.77 or N171.7 billion on Tuesday, an auspicious start for trade in the new year, even though there are still concerns around the chronically depressed levels of trade volume, which crumbled by more than half compared to that of Fridaymarket valueAiding gains, the Industrial Goods Index jumped 2.95 per cent, which placed him ahead of the four other sector indexes tracked by the bourse.

“We expect the market to open the year on a mild bearish note as investors take profits off the table,” analysts at brokerage United Capital said in their outlook note for this week seen by PREMIUM TIMES.

 

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:

 /  🏆 3. 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.

Vitafoam, Neimeth, Ardova top stocks to watch this weekEcoBank and Custodian Investment also make the list.
Source: PremiumTimesng - 🏆 3. / 78 Read more »