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NGX Market Capitalization Surges by N622bn Amid Buying

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The Will
NGX Market Capitalization Surges by N622bn Amid Buying

On September 24, the Nigerian Exchange Limited (NGX) reported a significant increase in market capitalization by N622.51bn, rising from N163.06tn at the opening to N163.68tn at the close. This represented a 0.38 percent increase.

The All-Share Index (ASI) advanced by 958.99 points, moving from 251,191.02 points to 252,150.01 points. The trading session saw 28 gainers compared to 24 decliners, indicating a positive market breadth as investors engaged in broad-based buying across selected stocks.

This upward trend reflects growing investor confidence and activity in the Nigerian stock market.

Plus234Feed summary based on reporting from The Will. Read the original report below.

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