Nigeria: Elections Success Reflect On Stock Market With Turnover Of N178 Billion

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The just concluded election over the weekend that was termed peaceful was reported to have reflected on the stock market yesterday when it recorded N178billion after going down on Friday.

Daily Trust reported that the equities market closed yesterday on a positive note, as market capitalization appreciated by N178bn from N10.319 trillion it opened to close at N10.497 trillion during the first trading day after election.

Also, the Nigerian Stock Exchange All Share Index appreciated by 527.88 basis points represented 1.73 per cent to close at 31,090.81basis points, compared with the 1.63 per cent appreciation recorded previous Friday.

Datboyjerry

Datboyjerry

I am but your herald boy in the art of the pen.. An eccentric Environmental Biologist smouldered in the glorious epiphany of online journalism. If you ever find my article unduly insipid, sue me and i’ll refund you...

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