Nigerian Stock Exchange ASI Rises 1.35% as Market Ends Week Higher

The Nigerian Stock Exchange All-Share Index (ASI) rose by 1.35% at the end of the trading week, with market capitalization increasing by 1.36%. The financial services sector was the most active, with a total turnover volume of 1.662 billion shares worth N32.565 billion.

Top traded equities included Consolidated Hallmark Group Plc, Fidelity Bank Plc, and Access Bank Plc. Despite the positive market performance, the Nigerian Naira has been losing ground in recent weeks, affecting exchange rates.

Market analysts expect the poor performance to continue without intervention.