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

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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.

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