Positive sentiments persist as investors earn N33.3bn


The domestic equities market continued to trade with bullish sentiments, as sustained investors’ preference for banking shares lifted the benchmark index by 0.2 per cent on Thursday.

Specifically, late interests in United Bank for Africa and Access Bank led the All-Share Index (ASI) to close 0.16 higher at 40,829.15 basis points.

Consequently, Month-to-Date and Year-to-Date gains increased to +1.5 per cent and +1.4 per cent, respectively.

At the end of trading activities on Thursday, equities Investors at the Nigerian Exchange Limited (NGX) earned N33.32 billion as the market capitalization settled at N21.28 trillion.

As measured by market breadth, market sentiment was positive, as 23…

Source: Nigerian Tribune