Nigerian Equities Market Surges, Investors Gain N1.9 Trillion

The Nigerian equities market witnessed a strong recovery as investors gained N1.9 trillion in market capitalization. The market enjoyed a bullish trend throughout the week, with the All-Share Index (ASI) appreciating by 1.63% to close at 149,433.26 points.

Total turnover reached 4.373 billion shares valued at N97.783 billion, with the financial services and industrial sectors leading in trading volume. E-Tranzact International Plc, Access Bank Plc, and FCMB Group Plc were among the top three equities traded.

Overall, 49 equities appreciated in price during the week.