Nigerian Bourse Rises as NSEASI Inches Up By 0.16%; Closes Above 27,000bpts

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Equities market closed today on a positive note, as NSEASI appreciated by +0.16% to close at 27,035.78 points as against +0.44% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -13.98%.

Market breadth closed positive as LAWUNION led 20 Gainers as against 16 Losers topped by OKOMUOIL at the end of today’s session- an improved performance when compared with previous outlook.

Market Turnover Market turnover closes positive as volume moved up by +11.21% as against -13.30% downtick recorded in the previous session.

ZENITHBANK, GUARANTY and FBNH were the most active to boost market turnover.

ZENITHBANK and GUARANTY topped market value list.

CONTINSURE 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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