Nigerian Equities Market Surges 1.50% to N97.59tn on Sector Optimism

The Nigerian equities market closed on a strong note on October 22, with a 1.50% gain as market capitalization reached N97.59tn. Key sectors like consumer goods, industrials, and real estate saw increased investor interest, leading to a rise in the share index.

Notable stocks like Dunlop, Custodian, Enamelware, Golden Brewery, and Unity Bank remained flat. Analysts anticipate a bullish trend in the short term, with select consumer goods and real estate stocks continuing to attract investor attention.