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NSE 30 profit hits N1.21 trillion after admitting MTN, CCNN, and FCMB

Stock market

The profit of Nigerian Stock Exchange 30 jumped 6.45 percent to N1.21 trillion as at September 2019.

The growth was largely driven by the contribution of new entreat: MTN Nigeria Communications (MTN), Cement Company of Northern Nigeria (CCNN), and First City Monument Bank (FCMB) Plc.

Read also: These numbers summarize NSE in 2019

Before these bellwether firms were included on the list of the most liquid and capitalized firms, combined profit was N1.06 trillion.