The equities market witnessed further growth yesterday as buying interest in bellwether stocks continued. Gains by Airtel Africa Plc, Dangote Cement Plc and Zenith Bank Plc boosted the Nigerian Stock Exchange All-Share Index by 2.1 per cent to close higher at 36,239.62. Similarly, market capitalisation added N390.2 billion to be at N18.9 trillion.
A total of 29 stocks gained compared to 17 that depreciated. Airtel Africa Plc led price gainers with 10 per cent, trailed by Ardova Plc with 9.9 per cent as some investors reacted to the news of the petroleum products marketing firm launching fully solar powered filling stations across the country.
According to him, their goal with the newly rebranded AP stations is to take their customer experience to a whole new level by offering them a one-stop-hub tailored to satisfy their energy needs, while progressively adding other energy products beyond conventional fuels.