300712 Equity Market records +0.04% marginal gain to open the week positive

Trading activities on the Nigerian bourse closed with the bulls as bargain hunting slightly outweighed selling activities amid negative market breadth the Exchange officially launches the NSE Lotus Islamic Index (NSE LII) which consists of companies whose business practices are in conformity with the principles of Shari’ah.

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

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