Following bargain hunting in Nigerian Breweries Plc and 20 stocks, bullish sentiment persisted on the Nigerian Exchange Limited as market capitalisation increased further by N33 billion yesterday. Consequently, the All Share Index rose by 61.90 absolute points, representing a gain of 0.12 per cent to close at 51,657.56 points.
On market outlook, analysts at GTI Securities Limited said “we expect positive sentiments to continue in the new year given the renewed attractiveness of the sectors. Japaul Gold & Ventures went up by 7.41 per cent to close at 29 kobo, while Royal Exchange appreciated by 7.41 per cent to close at 29 kobo.
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