NGX remains bullish as investors wealth increase by N4.973trn

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The Nigerian equities market sustained bullish run on Wednesday , gaining N4.973 trillion as strong buying momentum across the key sectors impacted positively on trading for the day

The rally was driven by gains in the shares of Airtel Africa, Cap Plc, UACN among others

This resulting in market capitalisation of listed equities increasing  by 3.38 per cent to N152.147 trillion from N147.174 trillion reported the previous day.

While the NGX All Share Index also appreciated 7723.41 basis points to 236303.21 points from 228579.80 traded the previous day.

The market  breath was positive with 48 advancers against 42 decliners, bringing year to date return to 51.85 per cent.

An analysis of the trading for the day showed that

four listed companies led gainers table with 10 percent each.

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