Stock Market Sustains Positive Momentum, Gains N8.48tn in Three Days
Kayode Tokede
The Nigerian stock market for the third consecutive trading session this week has appreciated by N8.49trillion over investors’ demand for highly capitalized stocks such as Dangote Cement Plc, Airtel Africa Plc and MTN Nigeria Communications Plc.
According to THISDAY findings, the market capitalisation of listed stocks on the Nigerian Exchange Limited (NGX) that closed for trading activities at N147.103 trillion last week, gained N8.48 trillion or 5.77per cent to close at N155.585 trillion yesterday.
Also, the NGX All-Share Index moved from 229,240.34 basis points, up by 13,219.64 basis points or 5.8 per cent to close at 242,459.98 basis points.
