050712 ASI inches up by +0.54% to close above 22,000 psychological lines
Trading activities on the Nigerian bourse closed positive to sustain the rally for the third day in succession as profitable transactions continue across the main board while the key benchmark indicator closed above 22,000 psychological lines as envisaged in our previous report.
Nevertheless, the key benchmark indices sustained uptrend as sentiments remained positive, taking supports majorly from Medium CAP stock which was particularly driven by FIDELITYBK while Large CAP stocks also contributed to the outlook recorded today due to continuous buying activities witnessed in Financial Services sector.
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