Browsing: MTN

MTN Nigeria Plc recorded a gain in the equities market on Monday as investors continued to increase bets on the telecom stock ahead of its fourth quarter of 2024 earnings. Data from the Nigerian Exchange, NGX, showed that the telecom stock surged by 1.24% on the day of N253.1 as more than 2.8 million exchanged hands in the local bourse.

Equities investors’ gained more than N507 billion on the Nigerian Exchange (NGX) as MTN and Transcorp stock rallied. Due to bargain hunting, the local bourse reversed the previous day loss, lifting up key performance indicators by 80 basis points.