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NGX rebounds by 1.75% on Dangote Cement, MTNN gains - Vimarsana News

NGX rebounds by 1.75% on Dangote Cement, MTNN gains

NGX rebounds by 1.75% on Dangote Cement, MTNN gains By Chinyere Joel-Nwokeoma Lagos, April 29, 2019 Trading returned to positive territory on Thursday with the key indices rebounding by 1.75 per cent , amid gains by some highly capitalised stocks. Consequently, the All-Share Index chalked up 679.72 points or 1.75 per cent to close at 39,461.20 from 38,781.48 recorded on Wednesday. Similarly, the market capitalisation inched higher by N355 billion in six hours to close at N20.651 trillion against N20.296 trillion. The uptrend was also driven by price appreciation in medium and large capitalis...

Nigerian stocks rebound on big-cap gains, impressive earnings reports - Vimarsana News

Nigerian stocks rebound on big-cap gains, impressive earnings reports

Nigerian stocks rebound on big-cap gains, impressive earnings reports The all-share index went up by 679.72 points to 39,461.20, while market capitalisation rose to N20.652 trillion. ADVERTISEMENT Nigerian stocks rebounded on Thursday with the benchmark index advancing 1.75 per cent, clawing backgrounds lost at the previous training session as big-cap equities including Dangote Cement and MTN drove gains. A raft of first-quarter earnings reports turned out positive, impelling investors to take a risk-on approach to trade, with companies like Access Bank, Vitafoam, Total, BUA, Okomu Oil, Dango...