Stock Market Index Bounces Back By 1.2%

Trading activities on the floor of the Nigerian Stock Exchange, NSE, started out on a positive note on Monday, June 29, as All- Share Index jumped  by 1.2 per cent to close at 33,249.19.

 

Similarly, market capitalization added N135.1 billion to close at N11.35 trillion, thus ending the four-day bearish trend from last Tuesday, June 23.

 

All the five NSE sectoral indices appreciated,  led by the NSE Oil/Gas Index, which increased by 2.8 per cent.

 

The NSE Banking and NSE Industrial Goods indices grew by 1.44 per cent and 1.39 per cent respectively. The NSE Insurance and NSE Consumer Goods indices increased by 0.37 per cent and 0.18 per cent in that order.

 

A total of 30 stocks recorded price gains while other stocks depreciated.