Nigerian stocks surge to six-week high, gain N382 billion
The gain came amid a rush for FBN Holdings, Nestle, and Dangote Cement shares.
The gain came amid a rush for FBN Holdings, Nestle, and Dangote Cement shares.
The expectation of banks' half-year earnings drive the all-share index up 0.22 per cent.
The all-share index expanded 198.03 points to 38,418.04 just as market capitalisation jumped to N20.027 trillion.
Market breadth closed on a positive note, pitting 27 gainers against 16 laggards.
The all-share index closed 0.15 per cent.
The day’s positive show hinged on the performances of Okomu Oil, Dangote Cement and WAPCO.
Ike Chioke spoke at the American University of Nigeria.
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