Big caps gain pushes equities market northward by 1.4 per cent - News Summed Up

Big caps gain pushes equities market northward by 1.4 per cent


The ASI closed 1.40 per cent upward at 24,512.27 basis points on Thursday from 24,173.53 basis points recorded in the previous session. Year-to-Date Return stood at -8.68 per cent at the close of trading session pushing the market capitalization by N177 billion at N12.787 trillion. Dangote Cement led the gainers’ chart having appreciated by ten per cent, followed by Jaiz Bank, African Prudential, Sterling Bank and Mansard Insurance. Conversely, Neimeth Pharmaceuticals, Mutual Benefit, BUA Cement, Dangote Sugar and Caverton led the decliners chart. Value of traded shares followed suit to record a total of N2.125 billion, a 52.32 per cent decline from the previous value of N4.55 billion.


Source: Nigerian Tribune July 23, 2020 17:48 UTC



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