The momentum of activities at the Nigerian stock market increased considerably yesterday as quoted equities sustained a third consecutive day of price appreciation. Turnover volume and value rose by 88.3 per cent and 65 per cent respectively, underlining the bargain-hunting that had marked transactions in recent days. Benchmark price indices indicated average gain of 0.16 […] …
sustain rally
Equities sustain rally with N46b gain
Nigerian equities continued on the upswing yesterday as investors sustained bargain-hunting for undervalued stocks. With nearly two advancers to every decliner, the equities market closed with average gain of 0.40 per cent, equivalent to net capital gain of N46 billion. The All Share Index (ASI)- the benchmark value index for the equities market, trended upward […] …