Stock market advances on blue chips

The Nigerian equities market yesterday sustained upward trend for the second day following renewed investors’ optimism. This was in despite the transactions on the local bourse have continued to witness lull following unfriendly business environment. Key market indicators, the NSE ASI and market capitalisation advanced by 0.05 per on the back of blue chips companies. Specifically, the All-Share Index gained 13.3 basis points or 0.05 per cent to close at 25.51.01 index points as against 25.496.71 recorded the previous day, while the market capitalisation of equities appreciated by N4 billion…

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