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

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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.

 

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