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Capital market indices dip by 0.02 per cent on NSE - Premium Times Nigeria

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Capital market indices dip by 0.02 per cent on NSE

The News Agency of Nigeria reports that as a result the All Share Index dropped 7.41 points or 0.02 per cent to close at 29,765.31 compared with 29,772.72 recorded on Wednesday.

Analysts at Afrinvest Limited said that they expected investors to cautiously take positions in fundamentally sound stocks, which were trading at attractive prices and offering high dividend yields as H1 earnings season approached.Linkage Assurance followed with a growth of 8.93 per cent to close at 61k, while Thomas Wyatt Nigeria rose by 8.82 per cent to close at 37k per share.

However, the volume and value of shares traded closed lower as investors bought and sold 275.49 million shares worth N3.91 billion in 3,977 deals.

 

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