The Nigerian Stock Exchange opened the last trading week for 2019 on Monday with a growth of 0.73 per cent following investors’ interest in heavyweight stocks.
Specifically, the All-Share Index extended positive growth with 192.86 points or 0.73 per cent to close at 26,609.34 against 26,416.48 on Friday.
Also, the market capitalisation which opened at N12.752 trillion rose by N94 billion to close at N12.846 trillion.
Consequently, Month-to-Date and Year-to-Date losses declined to -1.45 per cent and -15.34 per cent, respectively.
The upturn was impacted by gains recorded in medium and large capitalised stocks, amongst which are; Seplat Petroleum Development Company, Nestlé, Nigerian Breweries, Dangote Cement and UPDC Real Estate Investment Trust (UPDCREIT).
This week, analysts at…