Nigerian Equities Market Gains N997bn, Ends Week Positively

The Nigerian equities market ended the first week of December on a positive note, with the Nigerian Stock Exchange's All-Share Index (ASI) appreciating by 1.08% to close at 147,040.07 points. Investor wealth grew by N996.84 billion, pushing the market capitalization to N93.72 trillion.

The year-to-date return rose to 42.86%. Notably, the total volume of trade fell significantly by 81.29%, with Zenith Bank accounting for 16.44% of the total daily volume, followed by Access Bank and Fidelity Bank.

Zenith Bank also led in trade value contribution at 24.56% of the total turnover.