Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

NGX opens September on bullish note, gains N1.22tn

The Nigerian Exchange Limited opened September on a bullish note, gaining N1.22tn in market capitalization. Discover key drivers of the NGX bullish trend. Read More: https://punchng.com/ngx-opens-september-on-bullish-note-gains-n1-22tn/

NGX opens September on bullish note, gains N1.22tn

The Nigerian Exchange (NGX) opened September on a bullish note, with the market capitalisation of equities expanding by N1.22tn, lifting the total market capitalisation by N1.22tn. The benchmark NGX All-Share Index appreciated by 1,883.24 basis points, or 0.77 per cent, to settle at 246,082.63. This broad-based rally pushed the year-to-date market return higher to 58.14 per cent, as buying sentiment extended across multiple sectors on the local bourse.

Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at punchng.com →

More in Finance & Markets

More from Wednesday 2 September →