The Nigerian equities market set off the new month on a bullish run, sustaining previous gain as the All Share Index recorded 0.21 per cent gain at the close of trading on Monday, June 1st, to settle at 25,321.29 basis points. With the increase in the indicator, ASI’s Year-to-Date (YtD) return at -5.67 per cent while the market capitalisation stands at N13.20 trillion, having added N25.20 billion. Similarly, the bull dominated the market after the market breadth recorded 28 gainers versus 10 tickers in the decliners chart. Japaul Oil and NAHCO topped the gainers’ chart having advanced by ten per cent, to close at 22 Kobo and N2.75 kobo respectively. Value followed suit to close downbeat by 40.87 per cent from the previous session to close at N2.65 billion on Monday.

Source: Nigerian Tribune June 01, 2020 17:15 UTC