Investors recoup N122bn as stock index overturns losses

Equities, shares, NSE, Airtel, Nestle

Investors realised N122 billion gain on stock assets on Monday as the open session of the week overturned earlier losses recorded in the market. This uptick is equivalent to 0.93 per cent rise in the Nigerian Stock Exchange All-Share Index NSEASI), gaining 233.66 points to close at 25,249.96 basis points. Similarly, market capitalization surged in the same percentage to close at N13.172 trillion on Monday from N13.050 it ended the previous session. On the activity chart, the premium sub-sector dominated with 82.71 million shares traded in 1,617 deals, buoyed by…

Read more