Nigerian Exchange Investors Gain N1.175trn in 4-Day Trading Week, Market Capitalization Appreciates

The Nigerian Exchange NGX Index saw investors gain N1.175 trillion in a 4-day trading week, with market capitalization appreciating. The market indices closed higher except for NGX Premium, NGX Insurance, NGX AFR Div Yield, and NGX MERI Value Indices which depreciated.

Turnover reached 2.85 billion shares valued at N23.69 billion. The Financial Services Industry led in activity, followed by the ICT and Consumer Goods Industries.

The market opened with a public holiday declared by the federal government for Independence Day. The NGX Sovereign Bond index closed flat.

Overall, equity investors gained significantly during the week.