Nigerian Stock Market Gains N395bn, Closes Positively

The Nigerian stock market closed the week on a positive trajectory on Friday, with investors gaining N395 billion. The benchmark share index, ASI, advanced by 0.42% to close at 148,977.64 points.

Total turnover for the day was 480.99 million shares valued at N16.78 billion. The British pound sterling exchange rate was below N2,000, closing at N1,976.18, while the naira improved against the dollar.

The market's year-to-date return strengthened to 44.74%.