Equity market closed the month of August with a consecutive rise in the last two trading sessions of the month. The Nigerian Stock exchange (NSE) All Share Index (ASI) rose by 0.07%, to close at 25,327.13 on Monday.

Although overall, there were more stocks on the decliners’ table compared to gainers table on Monday, however, the gain in high cap stocks like MOBIL (+10.00%), DANGCEM (0+0.52%), WAPCO (+3.46%), BUACEMENT (+0.25%), and GUARANTY (+0.39%) spurred a N9.263 billion rise in the market capitalization to N13.213 trillion.

Following five consecutive weeks of positive close of the equity market, the...

Read full article at https://investogist.com/equity-market-ends-august-on-a-positive-note-as-market-cap-rose-by-n331-216-billion/