Nigerian Stock Market Gains N953.35 Billion Despite Holiday Closure

The Nigerian stock market saw a significant increase of N953.35 billion in market capitalization, closing at N96.937 trillion despite the market being closed for the Christmas holiday. The NGX All-Share Index closed at 153,539.83 basis points, representing a 0.98% increase from the previous week.

Various sectors experienced gains except for NGX Premium, NGX Insurance, NGX Meri Growth, and NGX Lotus II. The top three equities traded were Abbei Mortgage Bank PLC, VFD Group PLC, and Custodian Investment PLC.