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Nigerian Equities Market Gains ₦1.37 Trillion Amid Bullish Momentum

Business
The Will
1 min read
Nigerian Equities Market Gains ₦1.37 Trillion Amid Bullish Momentum

The Nigerian equities market experienced a significant gain of ₦1.37 trillion with sustained bullish momentum, driven by renewed investor confidence and improved liquidity conditions. The Nigerian Exchange (NGX) closed the week with a positive trajectory, marking the second consecutive weekly gain.

Total turnover reached 2.286 billion shares valued at ₦90.289 billion, with the financial services and industrial sectors leading market activities. Market breadth improved slightly with 51 equities appreciating in price.

Despite intermittent profit-taking, investor activity remained strong, particularly in the bond market.

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