Nigerian Equities Market Gains ₦315 Billion on September 16
On September 16, the Nigerian equities market extended its positive performance, with the benchmark All-Share Index (ASI) closing higher amid improved market breadth. The market capitalisation increased from ₦158.399 trillion to ₦158.714 trillion, marking a gain of ₦315 billion.
The ASI rose by 487.28 points, or 0.20 percent, from an opening value of 244,304.51 to a closing value of 244,791.79. The trading sentiment was notably positive, as 34 equities recorded price gains, while 26 equities experienced declines, indicating stronger buying interest across the market.
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