Stocks maintain uptrend as bulls push index up 1.09 percent

The Nigerian Stock Exchange (NSE), maintained the bullish trend today as a bullish investors pushed the index up 1.09 percent at the close of trading.

Market breadth which had been favouring decliners tilted towards the advancers to peg at 1.74x (33 stocks gained as against 19 stocks that lost).

The ASI closed at 39,397.09 points. The next battle for the bulls is to cross the psychologically important 40,000 points, on the upside.