The Nigeria equities market yesterday sustained prior day’s gains by N24.92 billion, due to buying interest in MTN Nigeria Communications and 13 others.
However, the market breadth closed negative, recording 18 losers as against 14 gainers. UPDC recorded the highest price gain of 9.64 per cent, to close at N1.82, per share. Champion Breweries shed 8.17 per cent to close at N1.91, while Lasaco Assurance depreciated by 7.69 per cent to close at N1.20, respectively.
On market outlook, analysts at Afrinvest Limited said: “In the next trading session, we expect the bullish performance to be extended on the back of bargain hunting activities in the market.”
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