The positive out-turn was due to bargain hunters’ buying interest in both the industrial and banking sectors.
The All-Share Index increased by 55.50 points
The market breadth closed negative with 23 laggards against 18 gainers.
“We expect negative sentiments to dominate the equities market as knee-jerk reactions to the federal government’s decision.”
In spite of the growth in market indicators, the market closed negative with 20 losers in contrast with 15 gainers.
In spite of the drop in market indicators, the total volume of trades traded increased by 36.16 per cent.
BUA Cement rose by 3.82 percent to close at N74.75.
