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By Dipo Olowookere The Nigerian Exchange (NGX) Limited appreciated by 0.08 per cent on Friday following renewed bargain hunting on Honeywell Flour, Guinness Nigeria, UBA, Nigerian Breweries and 25 others. The demand for these equities pushed the All-Share Index (ASI) up by 37.84 points to 47,140.48 points from
The all-share index eased by 84.04 points to 47,202.30 points, while market capitalisation dropped to N25.4 trillion.
Market breadth, which measures investor sentiment towards trade, was positive as 21 advancers reported against 19 losers.
Market breadth, a determiner of investor’s sentiment towards trade, was positive as 22 gainers emerged relative to 15 laggards.
The all-share index dropped 31.62 basis points to 41,943.83, while market capitalisation eased to N20.9 trillion.