MTN share price leads N112bn market gain

📆 14/01/2020 02:25 p. m.
📰 MobilePunch

⏱ Reading Time:
26 sec. here
2 min. at publisher
📊 Quality Score:
News: 14%
Publisher: 63%

México Noticias Noticias

México Últimas Noticias,México Titulares

The equities market opened the week with N112bn gain as 16 gainers emerged, led by MTN Nigeria Communications Plc, whose share price increased by 10 per cent on the back of the revocation of its $2bn

tax case in Nigeria.

Analysts at Afrinvest Securities Limited said major price appreciation in MTN Nigeria, United Bank for Africa Plc and UACN Plc drive the positive market performance at the start of the week. The insurance and oil and gas indices also inched higher by 0.30 per cent and 0.07 per cent due to gains in AXA Mansard Insurance Plc, Lasaco Assurance Plc and Oando Plc.

Investor sentiment strengthened as market breadth advanced to 0.7x from the 0.4x recorded on Friday as 16 stocks outperformed 21 laggards.

Escribir Comentario

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

NSE market capitalisation gains N2.22 trillion in seven days - Premium Times NigeriaAmbrose Omordion, the Chief Operating Officer, InvestData Ltd, attributed the growth to activities of investors who anticipate higher dividend yields.
Fuente: PremiumTimesng - 🏆 3. / 78 Leer más »