Nigerian Exchange Limited (NGX) All Share Index (ASI) crossed the 109,000 points mark on Wednesday as the stock market maintained its earnings-induced rally.
The upward movement on Wednesday by 0.57 percent happened as impressive first-quarter (Q1) financials continued to drive buy-side activities on the Lagos Bourse.
At the close of trading on Wednesday, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) and equities market capitalisation moved higher from preceding day’s lows of 108,361.1 points and N68.105 trillion respectively to 109,000.19 points and N68.507 trillion.