By Darasimi Adebisi
The Nigerian stock market closed the transaction for the second trading day in August on a positive note, as price appreciation in MTN Nigeria, Airtel Africa and 10 others drive investors gain by N163.22 billion.
Bargain hunters buying interest, particularly in the telecommunication sector majorly led to the positive performance in yesterday’s trading period.
In summary, overall market capitalisation value grew by N163.22 billion or 0.81 per cent to close at N20.277 trillion from N20.114 trillion the stock market opened for trading.
Consequently, the Nigerian Exchange Limited All-Share Index (ASI) grew by 313.27 basis points or 0.81 per cent to close at 38,917.99 basis points from 38,604.72 basis points it closed yesterday.
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Lagos, June 4, 2021 Key indicators of the Nigerian Exchange (NGX) closed upbeat on Friday with a growth of 0.46 per cent, amid gains by some blue chips. Specifically, the All-Share Index inched higher by 177.86 points or 0.46 per cent to close at 38,726.10 from 38,548.24 on Thursday. Also, the market capitalisation