Sustained buying interest ahead of more scorecards continued last week, as the Nigerian capital market extended its gains for the third consecutive week. The increase in stocks pushed the all-share index and market capitalisation up by 0.5 per cent and N145 billion to close at 55,794.51 points and N30.395 trillion respectively.Sustained buying interest ahead of more scorecards continued last week, as the Nigerian capital market extended its gains for the third consecutive week.
Analysts linked the performance to investors’ bargain hunters and positioning in anticipation of improved full-year earnings and dividend declarations. “Overall, we advise investors to seek trading opportunities in only fundamentally justified stocks as the weak macro story remains a significant headwind for corporate earnings.”
“Market players should target dividend-paying companies and defensive stocks to protect their portfolios ahead of the governorship election and post-dividend adjustment. The financial services industry led the activity chart with 414.4 million shares valued at N5.6 billion traded in 8,136 deals; thus contributing 40.5 per cent to total equity turnover volume.
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Bauchi govt donates N10m to Muda Lawal market fire victims, promises reconstruction of shopsSuccour came the way of victims of the recent fire incident that gutted some shops at the popular Muda Lawal Market in Bauchi as the State Governor, Bala Yoruba and tinubu thugs People just need to get sense in this Nigerian,I think the situation of this country is really affecting the mentality of many people,the one that happened in Lagos you labelled Tinubu,the one in Bauchi Tinubu, my brother what about the earthquake in Turkey?
مصدر: DailyPostNGR - 🏆 11. / 59 اقرأ أكثر »
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مصدر: MobilePunch - 🏆 8. / 63 اقرأ أكثر »
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مصدر: MobilePunch - 🏆 8. / 63 اقرأ أكثر »
Akere Market Fire: COSEYL urges Igbo to remain calm | The Guardian Nigeria News - Nigeria and World NewsAs condemnation continues to trail the destruction and burning of Akere Spare Parts Market in Lagos State by alleged political thugs, the Coalition of South East Youth Leaders (COSEYL), has appealed to Ndigbo in Lagos to remain calm, strong, and resolute. Like, it’s funny that Nigeria is one country where people beg the affected to remain calm, and act like the perpetrators are untouchable because they are BIG people. We will turn Nigeria to a country where a big man can lose it all if they don’t come correct!!!
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