As Positive Sentiment Continues, The Stock Market Gains N43bn

The Nigerian stocks market had a profitable trading session yesterday, expanding the profitable streak to four straight sessions. Investors’ bargain-hunting mentality was seen across all the major industries, highlighted by Insurance and Banking. In a nutshell, the All-Share Index (ASI) grew by 83.27 points, which equates to 0.22% growth. Similarly, the market capitalization total added N43 billion to settle at N20.070 trillion. Prices increased for large and medium-capitalized equities, including Guaranty Trust Bank, Dangote Sugar Refinery, Lafarge, Cutix, and Custodian Investment. Analysts at Afrinvest Limited expect the market to remain buoyant in the run-up to the first half (H1) of […]