fbpx
[ MAIN ]BANKING & FINANCECapital MarketNEWS

Bargain Hunters Lift Market With N4.7bn

Trading at the Nigerian stock exchange market, Monday, resumed on a positive note as Investors staked N4.739 billion on shares, showing an increase of 72 per cent compared to N2.768 billion invested in shares last Friday.

Having closed negatively last week, activities of bargain hunters helped to lift the market yesterday, indicating a likely bullish week.

Volume, value of trading, the Nigerian Stock Exchange (NSE) All-Share Index (ASI) and other sectoral indicators went up as Dangote Cement Plc, Nestle Nigeria Plc, among other high cap stocks, booked gains.

Investors committed a total  N4.739 billion in N273.97 million shares in 4,565 deals yesterday compared to N2.768 billion invested in 245.926 million in 3,806 deals last Friday.

SOURCE

About Author

BWN
This is BizWatchNigeria. Nigeria's first online business Newspaper.

Comment here

This site uses Akismet to reduce spam. Learn how your comment data is processed.