Local stock market sustains bullish trend as investors earn N142bn


The Nigerian Exchange Limited extends the previous day’s gain as the benchmark index further appreciates by 0.7 per cent on Wednesday.

The market’s positive performance was supported by sustained interest in Airtel Africa’s shares as its value appreciated by 4.9 per cent.

At the end of trading activities at the local bourse, the All-Share Index having edged up by 0.7 per cent settled at 39,448.46 basis points. Consequently, Month-to-Date gain increased to +2.3 per cent, while the Year-to-Date loss moderated to -2.0 per cent.

The market capitalization settled at N20.55 trillion after investors earned N142 billion into their investments.

As measured by market breadth, market sentiment…

Source: Nigerian Tribune

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