Stock Market Rally Deepens

The rally in the equities segment of the Nigerian Stock Exchange (NSE) that started on Tuesday continued on Thursday with major indices closing positive.

Banks and consumers goods stocks powered the stock market higher yesterday, leading to a growth of ₦170 billion in market capitalisation in the last three trading days.

The NSE All-Share Index appreciated by 1.46% within the last three days to close at t 37,327.67 basis points while market capitalisation closed at ₦11.821trillion.