Bargain Hunting Pushes Equities Market Up 1 63% In First Trading Day Of 2024

The Year 2024 began on a positive note on the first trading day of the year on the floor of the Nigerian Exchange (NGX) on Tuesday as bargain hunting in Airtel Africa Plc and 49 others underpinned a N667 billion increase in the overall capitalisation.

As a result, the All-Share Index gained 1,217.11 basis points, representing a gain of 1.63 per cent to close at 75,990.88 points. Also, market capitalisation rose by N667 billion to close at N41.583 trillion.