Nigerian stock market gains N97bn, UACN leads

Nigerian stock market gains N97bn, UACN leads

The Nigerian stock market closed bullish on Thursday, achieving its third consecutive positive rally of the week with a N97 billion gain for investors. Market capitalization rose to N92.725 trillion, driven by investor interest in stocks like UACN, Morison, and Ecobank Transnational Incorporated.

The All-Share Index climbed 0.10 percent to 145,476.15, increasing the Year-to-Date return to 41.34 percent. Despite overall gains, market breadth was negative, with Etransact leading in trading volume and value.

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