Local stock market maintains bullish trend into February, investors gain N263bn


At the Nigerian Exchange Limited (NGX), tradings maintained bulls grip to post 1.04 per cent gains on the first day of the month.

The All Index Share (ASI) inched up by 1.04 per cent to settle at 47,111.21 basis points on Tuesday.

This outing pegged the month-to-date and year-to-date outings of the All-Share Index to stand at 1.04 per cent and 10.29 per cent respectively.

Investors gained N263 billion in the session as the market capitalization followed suit the direction of the ASI to stand at N25.387 trillion, a 1.05 per cent increase from the N25.124 trillion it stood at the end of the previous trading session.

Bulls’ camp dominated the market breadth with 36 counters in the gainers’…

Source: Nigerian Tribune