Following gains in 37 stocks, the Nigerian equities market reversed losses, to close upbeat yesterday, as the all-share index (ASI) appreciated by 0.7 per cent.
Following gains in 37 stocks, the Nigerian equities market reversed losses, to close upbeat yesterday, as the all-share index (ASI) appreciated by 0.7 per cent.
Positive sentiments persisted in the equities sector of the Nigerian Exchange Limited (NGX) as more blue-chip stocks, especially Nigerian Breweries and Guaranty Trust Holding Company (GTCO), joined the league of gainers yesterday,
Shareholders of Guaranty Trust Holding Company (GTCO) Plc have endorsed the payment of N91.236 billion dividend at N3.1 per share for the 2022 financial year.
Ahead of the Easter celebration, profit-taking by investors on the Nigerian Exchange Limited (NGX) dragged market capitalisation further by N14 billion, as virtually all the blue-chip companies depreciated yesterday.
Despite price gains that outweighed losses, the Nigerian stock market closed on a downward note yesterday, as profit-taking in 17 stocks dragged market capitalisation by N6 billion.