23 July 2018 ( Lagos ) : The Nigerian Bourse opens the week with a bang, rises 108.52 points gaining 0.3%. The gains ride on the gigantic bulls of the market; wiz upticks in (
ZENITHBANK ) of 0.22%, (
GUARANTY ) of 2.11% in the banking sector; increase in (
NB ) by 0.47% in the consumer goods segment and a surge in (
DANGCEM ) by 0.55% all jointly contributed to the positive sentiment.
The Banking, consumer goods and Construction segment all were largely bearish, with (
FBNH ) going up by 1.1%; (
WEMABANK ) gaining 5.8%. These gains weren't overshadowed by the declines in (
UBA ) by 1.57% and (
STANBIC ) by 0.51%.
Similarly, where (
NASCON ) rose by 2.72%, along with NB; (
DANGFLOUR ) faced a dip of 2.2%.
The oil and gas sector was majorly bearish today, following a huge decline in (
OANDO ) of 7.21% , (
FO ) of 9.68% and (
ETERNA ) by 2.31% , these dips overweighed the increases in (
JAPAULOIL ) by 3.23%.
Reporting for EasyKobo on Monday, 23 July 2018 in Lagos, Nigeria