Nigerian Equities Market Rises 0.33% on Renewed Buying Interest

The Nigerian Stock Exchange (NGX) sustained positive momentum with a 0.33% increase in the All-Share Index to close at 146,203.40 points. Market capitalization rose to ₦92.79 trillion, translating to investor gains of ₦307.98 billion.

The market recorded 32 gainers and 21 losers, signaling a broad-based rebound. Key gainers included Caverton, Eunisell, Sunu Assur, and IMG, while FBN Holdings, PZ Cussons, and Veritas Kapital Assurance (NGX: VERITASKAP) experienced declines.

The market was largely driven by sustained bargain hunting, mid-tier stock improvements, and renewed optimism ahead of Q3 corporate earnings reports.