By Chinyere Joel-Nwokeoma
Activities on the Nigerian Stock Exchange (NSE) on Monday reversed the six-consecutive days downward movement with important market indices appreciating by 0.34 per cent.
The News Agency of Nigeria (NAN) reports that the All-Share Index rebounded by 129.59 points or 0.34 per cent to close at 37,992.12, against the 37,862.53 recorded on Friday.
Similarly, the market capitalisation increased by N47 billion or 0.34 per cent to close at N13.762 trillion, compared with N13.715 trillion achieved on Friday.
The market momentum was lifted by Dangote Cement which led the gainers’ table with N5, to close at N230 per share.
Cement Company of Northern Nigeria followed with a gain of N1.20 to close at N25.95, while Guaranty Trust Bank added 35k to close at N41.05 per share.
Stanbic IBTC improved by 25k to close at N49, while Unilever also appreciated by 25k to close at N51 per share.
Conversely, Seplat topped the losers’…
Read More…..NAN
