Market remains upbeat as index surges by 0.47%

The Nigerian Stock Exchange (NSE) All-Share Index appreciated by 183.96 points or 0.47 per cent to close at 39 138.98 as against the 38 955.02 achieved on Tuesday.

Investors on the Nigerian Stock Exchange (NSE), Wednesday, staked N5.51 billion on 435.79 million shares in 4,949 deals.

The volume of transactions represented 59.99 per cent increase over the 272.38 million shares worth N3.12 billion traded in 5,211 deals on Tuesday.

The MTI emerged the most traded equity, accounting for 101 million shares valued at N50.5 million.

Zenith Bank Plc came second with 59.77 million shares worth N1.38 billion, while UBA accounted for 36.87 million shares valued at N266.12 million. UBA Capital traded 26.78 million shares worth N66.47 million, while FBN Holding exchanged N20.11 million shares valued at N274.82 million.