Nigerian Stock Market Gains as Investors Drive Higher Close

The Nigerian stock market closed the week on a positive note, with the NGX All-Share Index (ASI) and market capitalization experiencing a 1.92% and 2.09% increase, respectively. Investors traded a total of 7.821 billion shares valued at N134.471 billion across 150,799 deals during the week.

The financial services sector led in trading activity with 5.992 billion shares valued at N67.024 billion. Top traded stocks included Cornerstone Insurance Plc, Cham Holdings Company Plc, and Access Holdings Plc.

The Nigerian Naira also showed slight gains against the dollar in the official foreign exchange market. Overall, the market displayed positive momentum with increased trading volumes and values across various sectors.