Nigerian Stock Market Surges with Zenith Bank, Others Driving Positive Momentum

The Nigerian stock market experienced a positive trend as Zenith Bank and 38 other companies boosted market capitalization by N93 billion. The Nigerian Stock Exchange All-Share Index rose by 0.09%, closing at 166,256.83 basis points.

Notable gainers included Zichi Agro-Allied Industries, Deap Capital Management Trust, and NPF Microfinance Bank, while losers included Hand Aluminium Extrusion Industries and Jaiz Bank. Trading volume increased by 26.34%, with Zenith Bank being one of the most actively traded stocks.