NGX Ends Trading Week Strong, Investors Gain N935.7bn

The Nigerian equities market closed the trading week on a bullish note, with the NGX All-Share Index (ASI) rising by 0.93% to close at 162,298.08 points. Investors saw their wealth increase by N935.7 billion as market capitalization closed at N103.78 trillion.

The positive sentiment was driven by strong demand for mid and large-cap stocks, including companies like IMG, Mai Baker, Beta Glass (NGX: BETAGLAS), and Dangote Sugar (NGX: DANGSUGAR). Market performance was broad-based across several sectors, reflecting renewed investor confidence towards the end of the week.