NGX All-Share Index Climbs 2.36% to N106.3trn

The Nigerian Exchange (NGX) concluded the week positively, with the All-Share Index increasing by 2.36% to close at 166,129.50 points. Market capitalisation rose by 2.48%, reaching N106.354 trillion.

Total trading for the week amounted to 4.607 billion shares valued at N130.636 billion across 263,439 deals, a significant rise from the previous week’s 4.164 billion shares worth N94.026 billion in 248,254 deals. The Financial Services sector dominated trading activity, accounting for 67.84% of total equity turnover by volume, with 3.126 billion shares valued at N47.225 billion in 94,186 deals.

Sovereign Trust Insurance Plc, Access Holdings Plc, and Linkage Assurance Plc were the top three traded equities, collectively accounting for 1.406 billion shares worth N9.735 billion. The week saw 80 equities gain in price, while 17 declined, and 50 closed flat.

NCR Plc recorded the highest gain, rising 60.79% from N79.95 to N128.55. Conversely, Ikeja Hotel Plc experienced the largest decline, falling 12.38% from N40.00 to N35.05.