News Formal

NSE market indices rebound marginally by 0.02 per cent

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 78%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The market capitalisation grew by two billion or 0.02 per cent to close at N13.112 trillion against N13.110 trillion recorded on Monday.

The key market indices of the nation’s bourse on Tuesday rebounded marginally by 0.02 per cent, due to gains posted by 16 stocks.

The uptrend was impacted by gains recorded in large and medium capitalised stocks, amongst which are; Dangote Sugar, Flour Mills, United Bank for Africa , University Press and Guinness.Consequently, market breadth closed positive, with 16 gainers compared with 13 losers. United Capital increased by 3.23 per cent to close at N3.20, while Sterling Bank appreciated by 2.61 per cent to close at N1.18 per share.

Fidson dipped 5.25 per cent to close at N3.79, while Japaul Oil shed 4.76 per cent each to close at 20k per share.

 

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

 /  🏆 3. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

NSE market capitalisation resumes week with N35bn lossMarket capitalisation, which opened at N13.145 trillion, inched lower by N35 billion or 0.27 per cent to close at N13.110 trillion.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Investors lose N35bn in bearish marketTrading on the floor of the Nigerian Stock Exchange (NSE) resumed the new week on a bearish note due to sell-pressure in blue-chips such as MTNN (-1.0percent)
Source: Daily Trust - 🏆 13. / 51 Read more »