Nigerian All Share Index Snaps Losing Streak…FBNH, Oando, Seplat all Gain

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The Nigerian All Share Index appears to have snapped a 5 days losing streak after it closed higher today gaining 1.22%. It appears the market sell offs that happened last week has abated with most stocks gaining after recording major losses.

FBNH for example gained another 6.6% today after gaining 7.3% last Friday. Access Bank increased 5% closing at  N8.71. Transcorp gained 8.3% to close at N5.08.

Oando also gained 7.94% to close at N23.71. Seplat also gained 4.6% to close at N574. Forte however lost 2% to close at N211. 5

More to follow….