Stock market reopens, upbeat as index rises by 0.80% | The Guardian Nigeria News - Nigeria and World News

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The Nigerian stock market yesterday reversed its losing streak to reopen upbeat, as the All-Share Index (ASI) gained 0.80 per cent following appreciation in BUA Cement and 18 other stocks.

The stock market resumed trading yesterday, after Christmas two-day holidays. The ASI gained 310.16 absolute points, representing a gain of 0.80 per cent to close at 39,110.17 points.

NEM Insurance followed with a gain 9.56 per cent to close at N1.49, while Lasaco Assurance rose by 8.82 per cent to close at 37 kobo. NPF Microfinance Bank went up by 8.39 per cent to close at N1.68, while Japaul Gold and Ventures appreciated by 8.33 per cent to close at 52 kobo. Trans-Nationwide Express shed 8.86 per cent to close at 72 kobo. Chams shed 8.70 per cent to close at 21 kobo, while AXA Mansard Insurance lost 4.76 per cent to close at N1.00 kobo.

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