Transactions on the equities sector of the Nigerian Exchange Limited reopened in an upbeat yesterday, as positive sentiments in the shares of many blue-chip companies, especially PZ Cussons and Mutual Benefits Assurance lifted market capitalisation by N27 billion.
Analysts at United Capital Plc said: “We remain upbeat about market performance and investor sentiment as we expect market participants to continue cherry-picking fundamentally sound stocks, while also positioning for full year, 2021 dividends.” AXA Mansard Insurance appreciated by 6.49 per cent to close at N2.46 kobo. Cutix added 5.79 per cent to close at N6.40 kobo.
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