NSE market indices resume week with 0.93 per cent gain

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The nation’s bourse re-opened trading for the week on Monday on a positive trend, growing by 0.93 per cent due to price appreciation in high capitalised stocks.

Specifically, the All-Share Index inched higher by 233.66 points to close at 25,249.96, against 25,016.30 on Friday.

Analysts at Afrinvest Limited expect a mixed performance for the week as the market presents opportunities for bargain hunting and profit taking.Market sentiment, as measured by market breadth, closed positive with 31 gainers and 11 decliners. Neimeth grew by 9.60 per cent, to close at N1.94, while Consolidated Hallmark appreciated by 9.52 per cent to close at 46k per share.

Transcorp lost 5.19 per cent to close at 73k, while Courteville Business Solutions shed 4.76 per cent to close at 20k per share.

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