030712 NSE ASI inches up by +0.55%; UBN declares N94.8bn loss in 2011 Audited Result.

Equity market resumed northwards movement as renewed bargain activities permeated the bourse amid slightly low market turnover while market sentiments remained weak due to continuous volatile sessions witnessed in recent sessions.

Nevertheless, the key benchmark indices resumed uptrend as sentiments turned green, taking supports majorly from Large CAP stock which was particularly driven by GUARANTY while Medium CAP stocks also contributed to the outlook recorded today due to renewed buying activities witnessed in Consumer Goods, Financial Services and Oil & Gas sectors.

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