Bulls Persist As Stock Market Gains N100bn In 4th Straight Session

The Nigerian equities market extended its bullish run to a fourth consecutive trading session on renewed buying interest in key large-cap stocks, with investors recording a combined gain of N100 billion.
The All-Share Index rose by 154.59 points, representing a 0.06 per cent increase, to close at 244,852.21 points. In the same vein, market capitalisation advanced by N100 billion to settle at N157.043 trillion.
Market performance was largely driven by price appreciation in blue-chip and mid-cap stocks, including Vitafoam Nigeria Plc, MTN Nigeria Communications Plc, Nigerian Aviation Handling Company (NAHCO), UAC of Nigeria Plc and Oando Plc, which supported the positive market close.
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