On the rise again, stocks gain N324 billion today

TH 35

The stock market is regaining some of its lost grounds as market capitalization retains its bullish run with N324 billion. From yesterday’s N10.347 trillion, stocks recorded N10.671 trillion today (Thursday, June 23) as market capitalization, further creating more confidence on account of the new flexible exchange rate introduced on Monday, June 20.

The All Share Index also moved to 31,071.25 points, from 30,127.82 points yesterday.
Many are optimistic that more investment is coming the way of Nigeria as more investors express confidence in the market.
Today’s capitalization, the highest in 2016, is expected to maintain this current rise.

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