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Capital market records N84.4bn gain at Wednesday trading
Trading session at the Nigerian Stock Exchange, on Wednesday, posted another bullish performance as investors’ wealth increased by N84.4 billion.
Consequently, market capitalisation inched to N11.3tn, while the All Share Index (ASI) advanced 76 bps to settle at 29,970.86 points following continued price appreciation in NESTLE (+5.3%), as well as bargain hunting on DANGECM (+1.2%) and ACCESS (+9.9%).
Read also: Nigerian govt in talks with World Bank to secure $1bn loan for power sector
Nevertheless, activity level weakened as volume and value traded declined 32.8 per cent and 30.7 per cent to 216.0m units and N3.2bn respectively.
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