Nigerian stocks hit seven-month high on big-cap gains
Investors’ risk-on disposition to bellwethers like Dangote Cement, Nigerian Breweries and GTCO helped sustain the momentum of gain that started ...
Investors’ risk-on disposition to bellwethers like Dangote Cement, Nigerian Breweries and GTCO helped sustain the momentum of gain that started ...
BUA Cement and GTCO, two heavyweight equities, triggered the pullback, which in monetary terms equalled N51 billion.
Okomu, Zenith, Access and GTCO especially helped stocks’ general performance.
NAHCO led gainers, appreciating by 10 per cent to close at N3.52.
The all-share index dropped 21.16 points.
Between January and now, the index has been down 3.47 per cent.
Year to date, the index is down by 3.39 per cent.
Unity led gainers, appreciating by 9.62 per cent to close at N0.57.
The all-share index slipped 46.77 basis points to 39,204.54, while market capitalisation fell to N20.4 trillion.
The all-share index and market capitalisation fell 0.57 per cent.
Bank stocks led by GTCO and Zenith drove the pullback, the day’s loss coming to N6 billion.
As the deadline for release of banks’ earnings reports draw near, investors will be on the lookout for results of ...
Sell-offs in the shares of GTCO, Access and FBN Holdings weakened performance at individual stock level.
The gain is one of the biggest daily rise this year.
Banking and telecom shares led the slide.
The all-share index edged down by 46.93 basis points to 38,802.12 and market capitalisation to N20.2 trillion.
The benchmark index was down by 0.01 per cent.
The all-share index toppled by 475.68 basis points to close at 37,994.19.
The development followed two straight days of gain by the bourse, which has now fallen by 5.89 per cent so ...
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