News Formal

Nigerian equities beat global stocks with N259b gains

  • 📰 TheNationNews
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 69%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Nigerian stocks played the contrarian at the weekend with a net capital gain of N259 billion in a week marked by general decline in share

A market-wide rally drove the Nigerian market to average gain of 1.27 per cent at the weekend, equivalent to net capital gains of N259 billion. The rally moderated the negative average year-to-date return for Nigerian equities to -2.41 per cent.

Review of the trading reports showed that the rally was driven by bargain-hunting across the sectors , especially the banking sector, as investors realigned portfolios in expectation of first quarter earnings. Analysts at Cordros Securities said they expected the market to be flooded with results as the first quarter 2021 earnings season commences in full swing.

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

 /  🏆 6. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Watch here

대한민국 최근 뉴스, 대한민국 헤드 라인

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

Bank stocks gains help stop Nigerian equities from sinking furtherA positive market breadth posted as there were 24 gainers against 17 losers.
출처: PremiumTimesng - 🏆 3. / 78 더 많은 것을 읽으십시오 »

Nigerian stocks rise further on bank stock gainsThe benchmark index edged 0.29 per cent higher.
출처: PremiumTimesng - 🏆 3. / 78 더 많은 것을 읽으십시오 »

Nigerian stocks shed N274bn on profit-taking in blue-chip equitiesMarket breath closed on a negative note, with 25 losers recorded compared to 19 losers.
출처: PremiumTimesng - 🏆 3. / 78 더 많은 것을 읽으십시오 »