“However, we expect the lull in the market to persist as investors remain perturbed by the rising yields in the FI market. Amid investors renewed appetite for stocks, transactions on the Nigerian Exchange (NGX) Limited rebounded on Wednesday, as the All-Share Index (ASI) rose by 0.09 per cent. The ASI gained 34.32 absolute points, representing a growth of 0.09 per cent to close at 38,636.15 points. The conglomerate industry followed with 103.226 million shares worth N704.563 million in 954 deals. The third place was the oil and gas industry, with a turnover of 89.472 million shares worth N353.533 million in 1,479 deals.

Source: The Guardian April 19, 2021 04:30 UTC