Current revaluation of H1 earnings pushes index by 0.09%

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 94%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

On-going revaluations as a result of half-year earnings reports from quoted companies have continued to spur activities on the equities sector of the Nigerian Stock Exchange (NSE). StockExchange Nigeria

Consequently, the NSE All-Share Index and Market Capitalisation both appreciated by 0.09 per cent to close the week at 25,221.87, and N13.158 trillion, respectively.

Precisely, analysts at Codros Capital, said: “Our view continues to favour cautious trading as risks remain on the horizon due to a combination of the increasing number of COVID-19 cases in Nigeria, and weak economic conditions. “Again, the current undervalue state of the market offers investors opportunities to position for the short, medium and long-term, which is why investors should target fundamentally sound, and dividend-paying stocks for possible capital.”

Analysts at United Capital Plc, said: “We believe a bullish catalyst could be triggered by the publication of a strong earnings report from the outstanding tier-one banking names.” The uptrend was impacted by gains recorded in large and medium capital stocks, amongst which were; Dangote Sugar Refinery, Flour Mills of Nigeria, United Bank for Africa , University Press, and Guinness Nigeria.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 1. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Export earnings fell to $13.39bn in April — CBN|p style=
출처: MobilePunch - 🏆 8. / 63 더 많은 것을 읽으십시오 »