Stock Recommendations – Monday, 11th October, 2021

Date:

Last week, investors’ wealth in the Nigeria stock market grew by ₦340 billion in a five-star week of positive sentiment.

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The growth follows the bullish sentiment on FBNH, which largely impacted by the Banking sector and the Airtel Africa Plc share buy-back notice.

Consequently, the All-Share Index grew by 647.19 basis points, representing an upsurge of 1.61% to close at 40,868.36.

While the Market Capitalization gained ₦340.29 billion, representing a growth of 1.62%, to close at ₦21.30 trillion following the additional listing of 5.08 billion ordinary shares of 50k each of Jaiz Bank Plc at ₦0.65 per share.

Naija247news
Naija247newshttps://www.naija247news.com/
Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

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