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Bulls persist on NSE, index crosses 36,000 mark

The nation’s bourse on Thursday continued positive run for the fourth straight trading session with the benchmark index crossing 36,000 mark due to interest in Airtel Africa and 29 other stocks. Specifically, the All-Share Index inched higher by 746.47 points or 2.10 per cent to close at 36,239.62 compared with 35,493.15 recorded on Wednesday. Consequently, the month-to-date and year-to-date returns increased to 3.4 per cent and 35 per cent, respectively. Similarly, the market capitalisation appreciated by N390 billion or 2.10 per cent to close at N18.940 trillion from N18.550 trillion on Wednesday. The uptrend was driven by price appreciation in medium and large capitalised stocks, among which are Airtel Africa, Dangote Cement, Okomu Oil, Unilever Nigeria and Ardova.

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