Specifically, the market capitalisation, which opened at N20.330 trillion, inched higher by N88 billion to close at N20.418 trillion. Similarly, the All-Share Index rose by 167.56 points or 0.43 per cent to close at 39,015.58 from 38,848.02 posted on Monday. Accordingly, the month-to-date and year-to-date losses moderated to 0.1 per cent and 3.1 per cent, respectively. The market gain was driven by price appreciation in large and medium capitalised stocks including MTN Nigeria Communications (MTNN), Zenith Bank, Guaranty Trust Bank, PZ Cussons and Ardova Plc. Commenting on the performance, analysts at Afrinvest Ltd. maintained their bearish outlook in the equities market in spite of the two-day rally.
Nigerian stocks rise further on buy pressure on Stanbic IBTC Holdings
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NSE resumes new trading week with 0 22% loss
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