Stock Market Gains N187bn W-o-W on Positive Sentiment
Kayode Tokede The stock market section of the Nigerian Exchange Limited (NGX) closed last week on a positive note, advanced by N187 billion buoyed by positive investor sentiment across key
The Nigerian stock market experienced a positive week-on-week gain of N187 billion, buoyed by positive investor sentiment across key counters. The NGX All-Share Index (ASI) gained 0.12 percent, closing at 245,573.60 points, while market capitalization increased by N187 billion to N158.513 trillion. The year-to-date return improved to 57.81 percent. Despite the positive performance, market breadth remained negative with 26 gainers against 63 losers, indicating cautious investor sentiment.
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