rebounded on Thursday after three consecutive days loss following Nestle and Seplat price rallies.
The upturn was impacted by gains recorded in medium and large capitalised stocks, amongst which are; Nestle Nigeria, Seplat, Total, Access Bank and Eterna. Continental Reinsurance followed with a gain 9.88 per cent to close at N1.89, while Cornerstone Insurance and NEM Insurance appreciated by 9.52 per cent each, to close at 46k and N2.30 per share, respectively.
In spite of the growth in market indices, the volume of shares closed lower as investors bought and sold 183.47 million shares worth N2.93 billion traded in 2,576 deals.This was in contrast with an exchange of 462.31 million shares valued at N7.92 billion achieved in 2,895 deals on Wednesday.
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:
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 Indices Rebound By 1.09% On Nestle, Seplat Price RalliesNSE Market Indices Rebound By 1.09% On Nestle, Seplat Price Rallies The crucial market indicators of the Nigerian Stock Exchange rebounded on Thursday after three consecutive days loss following Nestle and Seplat price
Source: LeadershipNGA - 🏆 4. / 77 Read more »
NSE Market Indices Rebound By 1.09% On Nestle, Seplat Price RalliesNSE Market Indices Rebound By 1.09% On Nestle, Seplat Price Rallies The crucial market indicators of the Nigerian Stock Exchange rebounded on Thursday after three consecutive days loss following Nestle and Seplat price
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Market loses N138bn to sell-offs in MTN, Stanbic, GTB – Daily TrustTrading on the floor of the Nigerian Stock Exchange (NSE) sustained the previous day’s bearish outing as sell-offs in STANBIC (-8.3%), GUARANTY (-2.4%) and MTNN (-0.7%) saw the market shed N138 billion from market capitalization to close at N13.3tn. Consequently, the All Share Index drove southwards by 108bps to settle at 27,352.24 points, with the …
Source: Daily Trust - 🏆 13. / 51 Read more »