{"id":5065,"date":"2021-07-23T10:30:09","date_gmt":"2021-07-23T10:30:09","guid":{"rendered":"https:\/\/carlcon.com\/?p=5065"},"modified":"2021-07-23T10:30:10","modified_gmt":"2021-07-23T10:30:10","slug":"vstock-market-opens-bullish-after-sallah-break-with-n330bn-growth","status":"publish","type":"post","link":"https:\/\/carlcon.com\/old\/2021\/07\/23\/vstock-market-opens-bullish-after-sallah-break-with-n330bn-growth\/","title":{"rendered":"VStock market opens bullish after Sallah break with N330bn growth"},"content":{"rendered":"\n<p>The Nigerian Exchange (NGX) resumed from the Sallah holidays on Thursday bullish with the market capitalisation appreciating by N330 billion.<br>Analysts said the price appreciation was buoyed by buy-interest in all the major market sectors with the exception of the insurance sector.<br>Specifically, the market capitalisation inched higher by N330 billion or 1.67 per cent to N20.103 trillion from N19.773 trillion on Monday.<br>Also, the All-Share Index increased by 632.87 points or 1.67 per cent to close at 38,585.52 against 37,952.65 on Monday.<br>Accordingly, the month-to-date gain increased to 1.8 per cent, while the year-to-date loss moderated to 4.2 per cent.<br>The positive performance was driven by price appreciation in large and medium capitalised stocks amongst which are; Dangote Cement, Total, Cutix, Vitafoam and Oando.<br>Analysts at Afrinvest Ltd. said, \u201cWe expect the market to extend the positive performance to the last trading session of the week, driven by positive earnings release by companies.\u201d<br>Consequently, the market closed positive with 22 gainers relative to 12 losers.<\/p>\n\n\n\n<p><a href=\"https:\/\/thefreezonechannel.com\/stock-market-opens-bullish-after-sallah-break-with-n330bn-growth\/\">TO CONTINUE READING CLICK HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nigerian Exchange (NGX) resumed from the Sallah holidays on Thursday bullish with the market capitalisation appreciating by N330 billion.Analysts said the price appreciation was buoyed by buy-interest in all the major market sectors with the exception of the insurance sector.Specifically, the market capitalisation inched higher by N330 billion or 1.67 per cent to N20.103<\/p>\n","protected":false},"author":1,"featured_media":4317,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","footnotes":""},"categories":[117,116],"tags":[],"_links":{"self":[{"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/posts\/5065"}],"collection":[{"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/comments?post=5065"}],"version-history":[{"count":1,"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/posts\/5065\/revisions"}],"predecessor-version":[{"id":5066,"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/posts\/5065\/revisions\/5066"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/media\/4317"}],"wp:attachment":[{"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/media?parent=5065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/categories?post=5065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/tags?post=5065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}