Nigerian stocks claw back to end August unchanged

The Nigerian Stock Exchange (NSE) All Share Index, managed to claw back most of its losses in August to close the down -0.07 percent month to September 1.

The market also managed to break through the psychological 30,000 mark, at the end of Tuesday’s equity transactions on the floor of the NSE.

Similarly, Market Capitalisation gained N185.79 billion, representing 3.02 percent growth to close at N10.39 trillion.

The gains were boosted by increased investors’ interest in most capitalised stocks such as: DangCem, Zenith Bank, GT Bank, Nigerian Breweries, Lafarge Africa, 7-UP Bottling Company and FBNH.