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Benchmark index crosses 128,000 points as Nigeria stocks fire on all cylinders

The Nigerian Exchange Limited (NGX) All Share Index (ASI) crossed 128,000 points on Wednesday as increased demand for stocks caused the market to rally across key sectors post-public holiday.


The NGX-ASI reached new high of 128,967.08 points as the market increased remarkably by 1.80 percent while equities investors gained about N1.441trillion in one day.


Nestle Nigeria led the market’s league of top advancers after its share price rose from N1,500 to N1,650, adding N150 or 10 percent, followed by another major gainer Eunisell which moved from N13.50 to N14.85, after adding N1.35 or 10 percent.

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