Bullish Midweek Run Lifts Equities Market Up By 0.23%

The Nigerian equities market extended its positive run on Wednesday, as gains in Nigerian Aviation Handling Company (NAHCO) and 42 others caused the All-Share Index to close higher by 0.23 per cent.
The All-Share Index (ASI) gained 576.36 points, representing a gain of 0.23 per cent to close at 251,191.02 points. Also, market capitalisation rose by N374 billion to close at N163.057 trillion.
The upturn was driven by price appreciation in large and medium capitalised stocks amongst which are; Nigerian Aviation Handling Company (NAHCO), NASCON Allied Industries, MTN Nigeria Communications (MTNN), Eterna and Zenith Bank.
Looking ahead, Cowry Assets Management Limited said, “the market ...