Nigerian Equities Market Gains N411 Billion in Rebound
On October 20, the Nigerian equities market experienced a rebound, with market capitalisation rising by N411 billion, closing at N159.667 trillion, up from an opening value of N159.256 trillion. The All-Share Index (ASI) advanced by 632.79 points, moving from 245,278.34 at the opening to 245,911.13 at the close, which represents a 0.26 percent increase.
The market breadth was positive, indicating stronger buying interest, with 28 gainers compared to 21 decliners. This performance reflects a renewed confidence among investors in the Nigerian equities market.
Plus234Feed summary based on reporting from The Will. Read the original report below.
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