Share Index Rises 2.36% as Market Capitalisation Hits N106.3trn
The Nigerian Exchange (NGX) experienced a strong week, with the All-Share Index rising 2.36% and market capitalization reaching N106.3 trillion. Financial services dominated trading volume, accounting for nearly 68% of the week's activity.
Why it matters
This growth reflects increased investor confidence in the Nigerian economy and provides a benchmark for regional market performance.
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Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
The Nigerian Exchange (NGX) ended the week on a positive note, with the All-Share Index climbing 2.36% to close at 166,129.50 points, while market capitalisation rose 2.48% to reach N106.354 trillion.
Total trading for the week reached 4.607 billion shares valued at N130.636 billion across 263,439 deals, a significant increase from the 4.164 billion shares worth N94.026 billion recorded in 248,254 deals the previous week.
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