At the close of transactions yesterday, the All Share Index , which measures the performance of quoted companies, rose by 63.01 points, representing an increase of 0.12 per cent to close at 52,657.69 points. Also, the overall market capitalisation value gained N34 billion to close at N28.681 trillion.
“Nevertheless, we view this as an opportunity to buy attractive stocks on dips as we retain the view that depressed interest rate levels will sustain the fuel for an equity market uptrend in Q1, 2023.” Geregu Power went up by 6.92 per cent to close at N148.40 kobo, while Associated Bus Company appreciated by 6.90 per cent to close at 31 kobo.
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