AFRICAN MARKETS

Nigerian Stock exchange Resumes Week Positive, ASI up by +0.21%.

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Market breadth was however inverse of the broad index with 30 losers against 19 gainers. MRS (+9.82%) led the gainer’s chart today, while CILEASING (-10.00%) was the top loser.

 

Performance across sectors was mixed, as Oil & Gas (-0.80%), Consumer Goods (-0.72%) and Insurance (-0.58%) closed in red, while the Industrial and Banking indexes improved by +0.54 and 0.49% respectively.

 

Sector Performances

NSE Industrial Index: Up 0.54% on gains in WAPCO (+1.92%) and DANGCEM (+0.85%).

NSE Banking Index: Advanced by 0.49% as UBN (+6.31%), ETI (+0.77%) and UBA (+0.57%) closed north.

NSE Oil & Gas Index: Down by 0.80% due to the sell-offs in ARDOVA (-9.78%) and OANDO (-3.55%).

NSE Consumer Goods Index: Fell by 0.72% due to price depreciation in HONYFLOUR (-6.35%), NASCON (-5.81%) and UNILEVER (-2.22%).

NSE Insurance Index: Shed 0.58%, on losses in ROYALEX (-10.00%), WAPIC (-8.47%), AIICO (-4.62%) and NEM (-2.88%).

 

Source

Gambia: The variant strain of the SARS-CoV-2 virus first detected in the United Kingdom has been identified during sequencing in positive specimens at the National Public Health Laboratory Services

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