Stock Market Extends Bullish Run

Channels Television
Updated May 19, 2017

Nigerian Stock ExchangeThe Nigerian Equity Market grew marginally by 0.04 per cent, extending the bullish run to four days in a row.

The upturn was impacted by gains recorded in medium and large cap stocks, namely SEPLAT, UBA and WAPCO.

The all-share index gained 11.75 absolute points, coming in at 28,113.38 while 4.06 billion Naira was added to the total market value to settle at 9.71 trillion Naira.

Investors exchanged 5.39 billion Naira over 305.97 million shares in 4,100 deals as Transcorp, Zenith Bank and UBA boosted the volume.

While Law Union and Rock was the top most gainer leading 21 other stocks, Unity Bank, Diamond Bank and Transnational Express topped the decliners league.