Demand for MTN, 28 Others Lift Stock Market by N961bn
Kayode Tokede
The Nigerian stock market, yesterday sustained its positive momentum as renewed buying interest in MTN Nigeria Communications, 28 others continued to drive positive investor sentiment across the bourse.
The Nigerian Exchange Limited All Share Index (NGX ASI) gained by 1,498.75 basis points, or 0.62 per cent to close at 243,958.73 basis points with the Month-to-Date and Year-to-Date returns settled higher at +6.3per cent and +56.8per cent, respectively.
Also, market capitalisation gained N961 billion to close at N156.547 trillion.
