Home Skytrend Consulting Blog NSE halts downward spiral as investors gain N300bn

NSE halts downward spiral as investors gain N300bn

0
NSE halts downward spiral as investors gain N300bn

NSE halts downward spiral as investors gain N300bn

Nigeria’s Stock Exchange (NSE) market halted its downward spiral on Monday, December 14, 2020, thanks to investors who after previous sessions of market dip saw bargain opportunities in equities like Airtel Africa Plc, Dangote Cement Plc, Guinness Nigeria Plc, and Lafarge Africa Plc.

Stock investors gained about N309billion at the close of the remote trading session which had 4,154 deals.
Equity traders exchanged 208,094,710 units of shares valued at N3.700billion.

Zenith Bank, GTBank, and Access Bank were actively traded equities on the Nigerian Stock Exchange.

The Nigerian Stock Exchange (NSE) All Share Index (ASI) rose by 1.73percent, from 34,250.74 points to 34,843.44 points while the value of listed stocks on the Bourse went up from N17.902 trillion to N18.211trillion.

Call 0803 239 3958 for free financial consulting advice for your businesses. Attend our bi-monthly Peachtree Sage 50 accounting and reporting seminar.
Reach us or send your financial updates and articles to info@skytrendconsulting.com.

READ ALSO! Naira free fall: Parallel market not determined by demand, supply forces — CBN Governor

READ ALSO! Skytrend Consulting: Financial services and accounting solutions company

READ ALSO! Why The North Remains Headquarters Of Poverty In Nigeria — Kingsley Moghalu

READ ALSO! For failing to give out ‘adequate loans’, 12 banks fined N499bn

READ ALSO! Naira plunge: Speculators will suffer huge loss, Operators warn

READ ALSO! How To Empower Yourself And Generate Income From Mutual Funds