Market sustains uptrend as NGXASI inches up by 0.47%

The Nigerian stock market on Thursday closed on a bullish note, occasioned by 3.85% growth in the share price of MTN.The All Share Index appreciated by 0.47%, closing at 51,618.73 points from the previous close of 51,377.21 points.Investors gained N130 billion as the Market Capitalisation grew by 0.47% to close at N27.828 trillion from the previous close of N27.698 trillion.An aggregate of 223 million units of shares were traded in 4,028 deals, valued at N2.86 billion.The market breadth closed negative as 18 equities appreciated in their share prices against 22 equities that declined in their share prices.