Investors regain confidence as market gains N48bn

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Investors in the equity market have regained confidence in the market following the extension of the gaining streak.

The stock market opened the week on a positive note as gains in MTN Nigeria Communications Plc, Guaranty Trust Bank Plc and Zenith Bank Plc drove the All-Share Index up by 0.3 per cent to 29,710.56 basis points.

Activity level was mixed as volume traded fell by 17.9 per cent to 266.95 million units while value traded rose by 17.7 per cent to N4.18bn. On the flip side, the industrial goods and banking indices led the gainers, up by two per cent and 1.2 per cent respectively due to buying interest in Lafarge Africa Plc, GTB, Zenith Bank and Ecobank Transnational Incorporated.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Where una Dey get all this update?abi no be 48billion naira I Dey see so? Money wey no go show say dem gain lol no impact!! Yeye people🚶🏾‍♂️🚶🏾‍♂️

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Equatorial Guinea speeds up investment drive with Nigerian investorsIn line with its commitment to attract regional capital investment into the country, Gabriel Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea Good News
Source: PremiumTimesng - 🏆 3. / 78 Read more »

UK investors announce $39.2m SMEs investment in W/Africa – Daily TrustCDC Group, the UK’s publicly owned impact investor, has announced the commitment of $39.2 million to support SMEs in West Africa. CDC is backing Verod Fund III and Adiwale Fund I, West-African based private equity funds targeting SMEs in the region, with commitments of $19.2m and $20m respectively, it said in a statement. CDC Group …
Source: Daily Trust - 🏆 13. / 51 Read more »