270712: NSE Index records 0.86% gains in the week; CBN retains MPR at 12%

Equity Market closed the week positive for the seventh week in succession as the positive stance recorded in the first and the last trading days of the week help sustain the uptrend despite increased volatility witnessed during the weekly sessions while the CBN monetary policy committee left its benchmark interest rate on hold at 12%.

Furthermore, Equity Market closed positive as ASI inches up by +1.24% to open the first trading session of the week positive while trading activities resumed downtrend as the negative transaction witnessed in the shares of Dangote Cement Plc contributed to the outlook recorded while CBN left its benchmark interest rate on hold at 12% as expected.

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