Nigeria Stock Market Rebounds, All Share Index Rises By 0.05%
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Bullish sentiment returned to the Nigerian stock market on Thursday, following investors’ interest in MTN Nigeria, Transcorp Hotel, United Bank of Nigeria (UBA), among other advanced equities Specifically, the market capitalisation, which opened at N55.494 trillion, gained N26 billion or 0.05 per cent to close at N55.520 trillion. The All-Share Index also rose by 0.05
Profit-taking in Tier-one banks on Wednesday slightly pulled back the equity market, bringing the All-Share Index down by 0.06 per cent. Specifically, the All-Share Index closed at 99,845.91, as against 99,908.89 posted on Wednesday, indicating a loss of 0.06 per cent or 63 points. Similarly, the market capitalisation, which opened at N56.504 trillion, declined by
The domestic stock market, on Wednesday, rebounded from previous losse with a gain of 0.32 per cent, due to increased buying interest in shares of Tier-one banks. Strong demand for stocks like Guaranty Trust Holding Company (GTCO), Zenith Bank, United Bank of Africa (UBA), Access Corporation, Computer Warehouse Group (CWG), and Juli Plc, among others,
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