120712 All-Share Index firms up by +1.08% as bargain hunting intensifies

Nigerian Equity Market maintained northwards movement due to intense bargain activities witnessed across the main board amid low volume turnover and Naira votes while the positive transaction also witnessed in the shares of Dangote Cement Plc, market leader by capitalisation, also contributed to the positive outlook.

Nevertheless, the key benchmark indices maintained uptrend as sentiments remained positive, taking supports majorly from Medium CAP stock which was particularly driven by TRANSCORP while Large CAP stocks also contributed to the outlook recorded today due to continuous bargain activities witnessed in Consumer Goods and Industrial Goods sectors.

READ MORE