NGX Rebounds On Impressive Corporate Earnings, Dividend Announcements

Pullbacks on the Nigerian Exchange reveal so many things working for it this year as prices of defensive stocks remain relatively stable, while blue chip companies and others performance weighed on the benchmark NGX All-Share index positively to close the week higher. This halted four weeks of consecutive sessions of decline on bargain hunting and impressive full year audited corporate earnings that had hit the market.

Meanwhile, more numbers are expected as quoted companies rush to meet submission deadlines.

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