Insurance, Energy Stocks Boost Market NSE

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Godspower

Well-Known Member
Apr 21, 2020
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The bullish trend at the Nigerian Stock Exchange (NSE) was sustained at the last trading session of the month of April 2020.

Gains posted by equities in the insurance and energy sectors further strengthened the market last Thursday by 0.67 percent.

The 1.22 percent and 1.04 percent growth printed by the insurance and oil/gas sector respectively erased the losses recorded by the industrial goods (0.47 percent), banking (0.37) and consumer goods (0.23).

At the close of transactions, the All-Share Index (ASI) increased by 152.61 points to 23,021.01 points from 22,868.40 points. Also, the market capitalisation increased by N80 billion to N11.998 trillion from N11.918 trillion.