Nigerian Equities Market Gains 0.42% on Renewed Investor Interest

The Nigerian Stock Exchange (NGX) closed the week on a positive note as the All-Share Index (ASI) rose by 0.42%, reaching 148,977.64 points. Market capitalization also appreciated to N94.56 trillion, representing a gain of approximately N395.18 billion.

The market saw a mix of performances across sectors, with insurance and real estate sectors leading gainers. Analysts expect the upbeat performance to persist due to growing confidence following Nigeria's moderate inflation trend and recent macroeconomic reforms.