Nigerian Stock Market Opens Positively, Investors Trade N13.3 Billion Shares

The Nigerian stock market started positively with investors trading N13.3 billion shares on the Nigerian Exchange Limited (NGX). Market capitalization increased, with FCMB Group (NGX: FCMB) and Vitafoam Nigeria (NGX: VITAFOAM) recording high trading volumes.

The market closed with a 0.003% rise, reaching N95.267 trillion. Sovereign Trust Insurance (NGX: SOVRENINS) and Nigerian Breweries (NGX: NB) were among the companies with notable stock movements.

Overall, the market showed a positive trend with increased trading activity and market breadth.