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Stock market gains N50bn on blue-chip firms
Johnson Okafor
Equity trading on the floor of the Nigerian Stock Exchange on Wednesday closed on a positive note with a gain of N50bn to halt the previous two days’ losses.
The NSE All-Share Index appreciated by 0.23 per cent with market breadth closing positive with 55 gainers as against 16 losers.
The ASI gained 96.09 basis points or 0.23 per cent to close at 41,147.72 as against 41,051.63 recorded the previous day while the market capitalisation of equities appreciated by N50bn or 0.23 per cent to close at 21.52tn from N21.47tn as market sentiment returned to the green zone.