Equities Reverse Loss, Gain N343bn

Equities Reverse Loss, Gain N343bn …C0NTINUE READING HERE >>>

Nigerian equities yesterday delivered a positive performance and rebounded from a previous bearish session as the overall capitalization rose by N343 billion, driven by a rally in MTN Nigeria Communications (MTNN) Plc and 29 others.

The All-Share Index (ASI) rose by 596.59 points, representing a gain of 0.62 per cent to close at 96,802.80 points. Also, market capitalisation gained N343 billion to close at N55.626 trillion.

The upturn was driven by price appreciation in large and medium…

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