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Within the buying and selling week ended Friday June 16, the Nigerian Trade Restricted (NGX) All-Share Index (ASI) and Market Capitalisation appreciated by 5.49percent to shut at 59,000.96 and N32.126 trillion respectively.
The vacation-shortened buying and selling week recorded two days of positive aspects as towards two days of losses.
“Market yearns for its subsequent constructive driver, as traders proceed to mull over the most recent inflation knowledge from the NBS,” stated analysts at Lagos-based Vetiva.
They anticipate combined buying and selling classes in a brand new week, “with doubtless decline within the common traded quantity for the week”.
Within the evaluate buying and selling week, all different indices completed greater aside from NGX Industrial Items and NGX Progress which depreciated by 1.63percent and 1.07percent respectively whereas the NGX ASeMindex closed flat.
Seventy-seven equities appreciated in worth through the evaluate week greater than 52 equities in the previous week.
Twenty-four equities depreciated in worth decrease than 27 within the previous week, whereas 55 equities remained unchanged, decrease than 77 recorded within the preceeding buying and selling week.
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