Nigeria stock market rises by N297bn, amid Airtel, Seplat gain

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 78%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The market capitalisation inched higher by N297 billion to close at N14.402 trillion from N14.105 trillion recorded on Friday.

The nation’s bourse opened trading on Monday with a growth of N297 billion following gains by some highly capitalised stocks.

Similarly, the All-Share Index increased by 568.72 points or 2.11 per cent to close at 27,554.49 compared with 26,985.77 posted on Friday. Mr Ambrose Omordion, the Chief Operating Officer, InvestData Ltd., attributed the sustained bullish trend to low returns offered by money market investments.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I noticed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigeria stock market rises by N297 billion, amid Airtel, Seplat gainSpecifically, the market capitalisation inched higher by N297 billion or 2.11 per cent.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Amid Pandemic, Capital Market Investors Gain N1.3tr In Q3In the midst of the Coronavirus pandemic which shut down the entire sectors of the economy and putting millions of Nigerians out of work, renewed interest
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Stock investors gain N350bn as market cap hits N14tn
Source: MobilePunch - 🏆 8. / 63 Read more »

NSE Enhances Fixed Income Market, Capitalisation Rises 27% to N16trn - THISDAYLIVEGoddy Egene The Nigerian Stock Exchange (NSE) has improved its fixed income securities market segment as well as the associated benefits on its platform. This is just as the fixed income market capitalisation has increased from N12.9 trillion at the end of 2019, to N16.4 trillion, showing a jump by 27 per cent. The NSE …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »