At the close of transactions yesterday, the All Share Index decreased by 29.96 absolute points, representing a dip of 0.06 per cent to close at 51,556.54 points. Similarly, the market capitalisation lost N16 billion to close at N27.795 trillion.
“We saw bargain hunting activities in the banking sector, as four Tier-1 names posted marginal gains. We do not foresee any major deviation from today’s session as we expect the market to continue to trade mixed with minimal activity level.” Wema Bank rose by 3.03 per cent to close at N3.40 kobo. Livestock added 2.27 per cent to close at N1.35 kobo. Unity Bank gained 2.17 per cent to close at 47 kobo. AllCO also added by 1.59 per cent to close at 64 kobo.
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