NGX Sees ₦779bn Market Capitalisation Increase
On October 29, the Nigerian Exchange Limited (NGX) rebounded as market capitalisation increased by ₦779 billion, rising from ₦164.194 trillion at the opening to ₦164.973 trillion at the close of trading. The All-Share Index (ASI) advanced by 1,200.24 points, marking a 0.47 percent increase from 252,882.78 to 254,083.02 points.
This recovery followed a decline on the previous day, where market capitalisation had decreased by ₦719 billion, and the benchmark index fell by 0.44 percent. Market breadth showed a slight improvement, with 27 equities appreciating in price compared to 26 that declined.
This positive balance indicated a marginal improvement in investor sentiment, although price movements across listed stocks remained mixed.
Plus234Feed summary based on reporting from The Will. Read the original report below.
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