260412: All-Share Index closes above 22,000 psychological line as rally continues

Profitable transactions continue to permeate the Nigerian bourse as market sustained uptrend to further extend the rally to its eight sessions in a row while the key market indicator, NSE ASI, closed above 22,000 psychological line as envisaged in our previous report.

Nevertheless, the key benchmark indices sustained uptrend as sentiments remained positive, taking supports majorly from Medium CAP stocks which was particularly driven by PZ while Small CAP stocks also contributed to the outlook recorded today due to continuous bargain activities witnessed in Financial Services, Healthcare, ICT, Industrial Goods, Oil & Gas and Services sectors.

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