Stock market reopens upbeat as index rises 1.38% | The Guardian Nigeria News - Nigeria and World News

📆 07.01.2020 19:59:00
📰 GuardianNigeria

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“Following the recent trend in the market, we expect the market to continue its gaining streak this week.” StockMarketIndex StockMarket NigerianStockExchange

Precisely, at the close of trading on the equities sector of the Nigerian Stock Exchange , Monday, the All Share Index , rose by 370.89 points or 1.38 per cent to 27,339.68 points. Accordingly, investors gained N179 billion in value as market capitalisation went up to N13.199 trillion.

Market breadth closed positive as 12 stocks posted gains while 14 declined. FCMB Group recorded the highest price gain of 10 per cent to close at N2.09 per share. On the other hand, PZ Cussons Nigeria led the losers’ chart with 9.73 per cent to close at N5.10, per share.

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Indices rebound by 2.09% over renewed stocks’ appetite | The Guardian Nigeria News - Nigeria and World News“We expect that Investors would focus on the upcoming full-year earnings season, targeting companies with strong potential to grow their dividend on the strength of their earning capacity.” Stocks
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