Dear Customer,
Strong positive investor sentiment was registered in the equities market today, reflected by the strong uptick in the All Share Index (+2.90%).
DANGCEM was the best performing stock today with a 9.98% increase in price to NGN262.30 from NGN238.50 while SCOA was the worst performing stock with a 9.30% price decline to NGN1.17 from NGN1.29.
We attribute the strong performance in the NGX market to strong buying pressure on DANGCEM following the announcement of a buyback of up to 10% of its issued share capital
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