Nigerian Stock Market Gains N1 Trillion, Naira Depreciates Against Dollar
The Nigerian stock market closed with a N1 trillion gain, with the All-Share Index (ASI) rising by 1.08%. Key players included Zenith Bank Plc (NGX: ZENITHBANK) and Stanbic IBTC Holdings Plc (NGX: STANBIC).
The Naira depreciated against the dollar, reaching a low of N1,443.08 per dollar. This marked the third consecutive day of losses for the Naira.
The market capitalization closed at N93.48 trillion, with a year-to-date return of 42.80%.
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