Yesterday, the ASI appreciated by 71.43 absolute points, or 0.30 per cent to close at 24,097.48 points. Similarly, the market capitalisation gained N38 billion to close at N12.571 trillion.
Analysts at Afrinvest Limited said: “Given the low prices, we expect bargain-hunting to continue in the near term.” PZ Cussons Nigeria rose five per cent to close at N4.20, while Mutual Benefits Assurance edged up 4.76 per cent to close at 22 kobo, per share. AXA Mansard Insurance lost 9.66 per cent to close at N1.59, while Custodian Investment shed 9.09 per cent to close at N5.00, per share.
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NSE All-Share Index Rises 0.3% as Stock Market Rebounds - THISDAYLIVEGoddy Egene The Nigerian Stock Exchange (NSE) All-Share Index (ASI) appreciated by 0.3 per cent to close at 24,097.48 yesterday, following the return of the bulls to the stock market. After depreciating by 1.99 per cent last week, the market remained bearish on Monday when trading resumed this week. However, bargain hunting by some investors …
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Exchange rate unification: CBN devalues naira to 380.5 in official marketCBN moved closer unifying exchange rates in the official market and I&E window, as it devalued the naira to 380.5 per dollar official market
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