Stock market investors gain N5bn on bulls return

Consequently, the domestic bourse traded positively in all sessions with investors gaining N5 billion in the holiday shortened week.  

Precisely, the market capitalisation of all listed equities appreciated to N25.639 trillion from N25.139 trillion,  representing 1.99 per cent increase.  

Similarly, the All Share Index (ASI) rose by 1.99 per cent  to 47,510.38 points from 46,631.46 points in the previous week. Notably, bargain hunting in Nigerian Breweries Plc (+11.8%), Zenith Bank Plc (+8.7%), GTCO (+6.5%), Okomu Oil Palm Plc (+5.6%), MTN Communication Nigeria Plc  (+3.4%) and Dangote Cement Plc (+2.4%) spurred the weekly gain.   Consequently, the Month-to-Date (MTD) and Year-to-Date (YTD) return increased to 1.2 per cent and 11.2 per cent, respectively.  

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