Investors Gain N46.31bn on Bullish Market Sentiment as ASI Firms Up By 0.36%

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    Investors Gain N46.31bn on Bullish Market Sentiment as Equities market closed today on a positive note, as NSEASI appreciated by +0.36% to close at 26,872.09 points as against +0.14% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -14.50%.

    Market breadth closed positive as CORNERST led 21 Gainers as against 12 Losers topped by CCNN at the end of today’s session- an improved performance when compared with previous outlook.

    Market turnover closes negative as volume moved down by -10.51% as against -32.21% downtick recorded in the previous session. FBNH, TRANSCORP and ZENITHBANK were the most active to boost market turnover. FBNH and GUARANTY topped market value list.

    UPL leads the list of active stocks that recorded impressive volume spike at the end of today’s session.

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    Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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