Nigerian stocks gain little as transaction volume drops
Market breadth, an indicator showing the direction stocks are likely to head soon, was positive with 17 gainers on record ...
Market breadth, an indicator showing the direction stocks are likely to head soon, was positive with 17 gainers on record ...
The main equity index added N532.2 billion or 2 per cent as sector leaders Airtel Africa and Nestle drove gain.
Sell-offs in the shares of MTN Nigeria and oil palm processor Presco drove the pullback.
The all-share index added 709.5 basis points to close at 50,836, while market capitalisation jumped to N27.4 trillion.
The all-share index jumped 528.15 basis points to 42,411.12, while market capitalisation leapt to N22.14 trillion.
Market breadth, a determiner of investor’s sentiment towards trade, was positive as 22 gainers emerged relative to 15 laggards.
Telco heavyweight Airtel Africa was central to the strong performance.
GTCO and Zenith, Nigeria’s two biggest lenders by market capitalisation, accounted most for the drop as investors were more willing ...
The all-share index and market capitalisation fell 0.57 per cent.
The benchmark index and market capitalisation climbed by 1.47 and 1.49 per cent in that order.
All content is Copyrighted © 2025 The Premium Times, Nigeria