MRS, Vitafoam, others lead stock market’s N94 billion gain | The Guardian Nigeria News - Nigeria and World News

At the close of trading yesterday, market capitalisation increased by N94 billion from N19.940 trillion recorded last week Friday to N20.034 trillion. Also, the All-Share Index appreciated by 180.93 points or 0.4 per cent from 38,256.95 to 38,437.88.

“In addition, the ASI is technically oversold and is due for a temporary rebound. We also expect investor sell-offs and profit-taking in insurance stocks which rallied in the previous week.” MRS emerged the day’s highest price gainer with 17.10 per cent to close at N12.60 kobo while Vitafoam followed with 8.91 per cent to close at N11.00 kobo. Chams appreciated by 5.00 per cent to close at N0.21 kobo, PZ Cussons added 3.77 per cent to close at N5.50 kobo. AIICO gained 3.45 per cent to close at N1.20 kobo. Custodian&Allied Insurance appreciated by 3.42 per cent to close at N6.05 kobo.However, ROYALEX topped the losers chart with 9.88 per cent to close at N0.73 kobo.

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.

Six injured as dynamite explodes in Rivers market | The Guardian Nigeria News - Nigeria and World NewsNo fewer than six persons sustained various degrees of injury in an explosion at Mile Three Motor Park in Port Harcourt City Local Government Area of Rivers State.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

How Islamic finance can strengthen Nigeria’s fragile economy | The Guardian Nigeria News - Nigeria and World NewsFor Nigeria to achieve its full potential, economic expert in Islamic finance has called for the nation to embrace its principles, as well as explore and exploit its many advantages for individual and national benefits. Otele Prof Alaro Yes, Islamic finance ...
Source: GuardianNigeria - 🏆 1. / 94 Read more »