The Nigerian equities market reversed previous negative sentiments to close in an upbeat yesterday, as gains in Neimeth International Pharmaceuticals and 22 others lifted market capitalisation...
The Nigerian equities market reversed previous negative sentiments to close in an upbeat yesterday, as gains in Neimeth International Pharmaceuticals and 22 others lifted market capitalisation by N65 billion.
The market positive performance was driven by price appreciation in large and medium capitalised stocks including, MTNN, BOC Gases, Lafarge Africa, Nigerian Aviation Handling Company and Honeywell Flour Mills.Analysts at Afrinvest Limited said: “We expect the positive sentiment to dominate tomorrow’s trading session amidst bargain-hunting opportunities in some large-cap stocks.”
BOC Gases rose by 9.90 per cent to close at N11.10 kobo. Pharma Deko Plc went up 9.79 per cent to close at N1.57 kobo. The total volume of trades increased by 52.8 per cent to 201.840 million units, valued at N1.680 billion, and exchanged in 3,274 deals. Transactions in the shares of Courteville Business Solutions topped the activity chart with 34.829 million shares valued at N10.1 million.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nigeria, Saudi Arabia partner on drug war | The Guardian Nigeria News - Nigeria and World NewsNigeria’s National Drug Law Enforcement Agency (NDLEA) and Saudi Arabia’s General Directorate of Narcotics Control (GDNC) have agreed to strengthen their partnership in the fight against trafficking of illicit...
Read more »
Nigeria can’t go Afghanistan way – Lai Mohammed | The Guardian Nigeria News - Nigeria and World NewsThe Minister of Information and Culture, Alhaji Lai Mohammed says Nigeria is not a failed state and cannot go the way of Afghanistan where the terrorist group has taken the rein of power.
Read more »
COVID-19: Nigeria reports 1,149 new cases | The Guardian Nigeria News - Nigeria and World NewsThe Nigeria Centre for Disease Control (NCDC) has recorded 1,149 new cases of coronavirus (COVID-19), the highest number of infections in any single day since last February.
Read more »
WeTalkSound Sets To Revolutionise Community Building In Nigeria | The Guardian Nigeria News - Nigeria and World NewsNo part of the global economy was left untouched by the technological revolution of the 2010s. Across industries, the long reach of internet-powered tools and digital connectivity changed the very nature of long-standing conventions and dictums. Within the music industry, the effect of technology has heralded the rise of communities of like-minded people who band […]
Read more »
Belarus targets news agency in ongoing crackdown | The Guardian Nigeria News - Nigeria and World NewsBelarus police on Wednesday searched the homes of journalists working for an independent news agency in an escalating crackdown on the media under President Alexander Lukashenko.
Read more »
Comedian Sean Lock Dead At 58 | The Guardian Nigeria News - Nigeria and World NewsComedian Sean Lock, best known for panel shows 8 Out Of 10 Cats and 8 Out Of 10 Cats Does Countdown, has died aged 58, his agent has said. A statement from his agent Off The Kerb Productions said Lock, also known for starring in the sitcom 15 Storeys High, died from cancer. It said: […]
Read more »