News Formal

Nigerian stocks add N417 billion on investors’ rush for top telco, energy stocks

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

United States News News

United States United States Latest News,United States United States Headlines

Year to date, the index has yielded 6.35 per cent.

Nigerian stocks were up by 1.73 per cent or N417.2 billion on Wednesday in extension of the rebound that occurred at the preceding session as theThe African unit of New Delhi-basedis now Nigeria’s biggest wireless operator by market value and the second largest firm on the Nigerian Exchange after toppling rival MTN Nigeria.

The all-share index leapt by 774.25 basis points to 45,430.14, while market capitalisation closed higher at N24.5 trillion.Airtel Africa led gainers, appreciating by 10 per cent to close at N1,155.50. Cornerstone went up by 6 per cent to N0.53. Courteville rose to N0.40, notching up 5.26 per cent.

 

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

United States United States Latest News, United States United States Headlines

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

Nigerian stocks dip as investors book profitThe all-share index fell 0.12 per cent.
Source: PremiumTimesng - 🏆 3. / 78 Read more »