Bargain hunting in AFRIPRUD, 20 stocks lift capitalisation by N32 billion | The Guardian Nigeria News - Nigeria and World News

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 94%

Business News News

Business Business Latest News,Business Business Headlines

Following a sustained rally ahead of the 2022 full-year repositioning, the Nigerian Exchange Limited (NGX), closed in an upbeat yesterday, as bargain hunting in Africa Prudential (AFRIPRUD) Plc and 20 stocks lifted market capitalisation further by N32 billion.

Yesterday, the All Share Index rose by 59.25 absolute points, representing a gain of 0.12 per cent to close at 49,475.43 points.

Analysts at Afrinvest Limited said: “In the penultimate trading session for the week, we anticipated the bullish performance would be sustained in the absence of any negative catalyst.” Champion Breweries went up by 4.88 per cent to close at N4.3, while Chams appreciated by 4.76 per cent to close at 22 kobo. On the other hand, Japaul Gold & Ventures led the losers’ chart by 3.7 per cent to close at 26 kobo, 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:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines