Nigerian Equities Market Surges 4.48% to Close Week Bullish
The Nigerian equities market closed the week with a 4.48% increase in the All-Share Index (ASI), reaching 155,645.05 points. Market capitalization rose to ₦98.793 trillion, showing strong bullish momentum.
Financial services and industrial sectors led trading activity, with a total turnover of 3.695 billion shares valued at ₦129.889 billion. The sentiment was mostly positive with 44 gainers against 49 decliners.
However, select bank and insurance stocks experienced mild profit-taking towards the end of the week, indicating cautious investor sentiment.
Plus234Feed summary based on reporting from The Will. Read the original report below.
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