Rising appetite for undervalued stocks boost equities by N76bn

undervalued stocks

Rising appetite for undervalued stocks boost equities by N76bn   The Nigerian equities market sustained uptrend on Tuesday amid renewed interest in undervalued stocks, leading to N76 billion profit for investors in the market. Particularly, the bull-run was buoyed by buying interests in Dangcem, Mansard and NASCON which closed the day higher by 2.2 per cent, 9.6 per cent and 10.0 per cent  respectively. Following the gain of the day, market aggregate value closed higher at N21.07 trillion while the All-Share Index (ASI), that tracks share prices movement added 145.17…

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Mixed performance may continue on interests in undervalued, dividend stocks

Dividend Stocks

Mixed performance may continue on interests in undervalued, dividend stocks Market Update for January 11 By Investdata Analysts Transactions on the Nigerian Stock Exchange kicked off the week on a positive note, thereby halting the loss of the previous session with investors taking stronger buying interest in medium and low cap stocks on positive sentiment. The composite All-Share index on Monday had a slightly bullish session, at a time of rising oil price in the international market in apparent reaction to the plan by OPEC to effect further production cut…

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