news-details

MTN, Zenith, others boost market capitalisation by N578bn gain — Daily Nigerian

Investors’ renewed interest in MTN Nigeria, Zenith Bank, Guaranty Trust Holding Company, GTCO, and other stocks on Thursday made the equity market to gain N578 billion.

Notably, the market capitalisation of listed equities on the Nigerian Exchange Ltd., NGX, rose from N55.130 trillion to N55.708 trillion, reflecting a 1.05 per cent increase.

Similarly, the All-Share Index advanced by 1.05 per cent or 1,017.3 points, closing at 98,116.27 compared to 97,098.98 recorded on Wednesday.

As a result, the Year-To-Date, YTD, return climbed to 31.22 per cent.

Market breadth also closed positive with 23 gainers and 19 losers.

Related Posts
Advertisements
Market Overview
Top US Stocks
Cryptocurrency Market