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Banking stocks drive market capitalisation past historic N40tn


The market capitalisation of the Nigerian Exchange Limited crossed the 40 trillion naira mark at the close of trading yesterday.

 

This milestone comes 10 months after the market cap hit 30 trillion naira on the back of the interest of domestic investors.

 

Similarly, the benchmark index of the exchange, the All-Share Index crossed 73,000 basis points yesterday, days after hitting 72,000 points.

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