image
Stock market investors make ?899 billion

In a Lagos interview with NAN, Adonri claimed that the current market sell-offs were caused by investors who had made large profits from the stock market.Friday's stock market transactions revealed that investors made ?899 billion.In particular, the market capitalization increased by 1.59 percent to close at 57.158 trillion from its opening value of 56.259 trillion.In addition, the All-Share Index increased from 102,802.25 on Thursday by 1,643.79 points, or 1.59 percent, to end at 104,421.23. The Year-To-Date (YTD) return rose to 39.65 percent as a result.The market performed well because to persistent investor interest in buying Tier-one bank and MTN Nigeria equities.