Market remains upbeat as index rises 0.99%

The rally in the equities segment of the Nigerian Stock Exchange continued on Thursday with major indices closing positive.

The market capitalisation of the listed equities gained N119bn or 0.99 per cent from N12.007tn on Wednesday, to close at N12.126tn.

The NSE's All-Share Index was also up by 0.99 per cent or 377.74 basis points to close at 38,292.07 points, up from 37,914.33 points recorded the previous day.

A total of 38 stocks appreciated, while 19 lost as investors staked N3.489bn on 239.509 million shares in 5,590 deals.