Stock Market Remains Upbeat, Gains N46bn

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 77%

Business News News

Business Business Latest News,Business Business Headlines

The upturn was impacted by gains recorded in medium and large capitalised stocks, amongst which are; Berger Paints, PZ Cussons Nigeria, Skyway Aviation

On market outlook, GTI Securities Limited said: “the equity market maintained its bullish trend with the Oil & Gas sector dominating activities. We expect this positive trend to persist in the coming trading days.”

As measured by market breadth, market sentiment was positive as 28 stocks gained relative to nine losers. Berger Paints and Eterna recorded the highest price gain of 10 per cent each to close at N7.70 and N6.05 respectively, while Oando followed with a gain 9.90 per cent to close at N5.33, per share.

MEYER Plc rose by 9.84 per cent to close at N2.12, while Skyway Aviation Handling Company appreciated by 9.83 per cent to close at N6.37, per share. On the other hand, SCOA Nigeria led the losers’ chart by 9.77 per cent to close at N1.94, per share. Associated Bus Company followed with a decline of 6.45 per cent to close at 29 kobo, while Neimeth International Pharmaceuticals depreciated by 3.55 per cent to close at N1.36, per share.

 

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:

 /  🏆 4. 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.

Taraba records three more deaths from market explosion | TheCableThree more people have been confirmed dead following the explosion that occurred in Iware market.
Source: thecableng - 🏆 2. / 80 Read more »

Naira loses again at official marketAt the black market in Abuja and Uyo, dealers exchanged the naira at N580.00 and N586.00 per $1 respectively.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Chelsea’s ex-stars, Mikel Obi, Diego Costa’s transfer market value dropsFormer Chelsea stars, John Obi Mikel and Diego Costa’s transfer market value have dropped. According to the latest market value released by the Ifb
Source: DailyPostNGR - 🏆 11. / 59 Read more »

NGX Regulation urges market stakeholders to enhance climate-related financial disclosure | TheCableNGX Regulation Limited (NGX REGCO) has urged all market stakeholders to pay closer attention to climate-related financial risks and opportunities in their operations. The company said it is in line ngxgrp Climate change ngxgrp No problem without solution,I'm hapi to announce to u that,I can cure Diabetes with Herbal mixture that work,100% effective with no side effects,not bitter,with the help of God and leafs,Diabetes will be a thing of past,my DM is open,u will never regret patronising me 08066341799
Source: thecableng - 🏆 2. / 80 Read more »

Naira appreciates 0.3% to N588/$1 at parallel market | TheCableThe naira, on Thursday morning, appreciated against the dollar at the parallel section of the foreign exchange market. This is the first time I am hearing this kind of news Why Una no go appreciate ? Not in the black market I suppose.
Source: thecableng - 🏆 2. / 80 Read more »

ISWAP Terrorists Claim Bombing At Taraba Market ‘Where Alcohol Is Sold’, Says About 30 Killed Or Injured | Sahara ReportersThe explosion which occurred on Tuesday marks an expansion of the area where the ISIL affiliate operates in Nigeria. One Nigeria 30 killed or injured. You self confuse
Source: SaharaReporters - 🏆 9. / 63 Read more »