NGX trading floor. Photo: NGX
The equities market sustained its upward momentum on Friday, closing the week on a strong note as investors gained N405 billion.
Price appreciation in companies such as Abbey Mortgage Bank, Royal Exchange, Nigerian Breweries, John Holt and Daar Communications, as well as 24 other stocks, helped push the market into positive territory.
Consequently, market capitalisation rose to N159.558 trillion from N159.153 trillion, representing a 0.25 per cent increase, or N405 billion gain.
Similarly, the All-Share Index climbed by 604.22 points, or 0.25 per cent, to close at 246,992.44, compared with 246,388.22 recorded in the previous session on Thursday.
