Nigerian Stock Market Gains N2.6 Trillion, Maintains Positive Momentum

The Nigerian stock market, represented by the Nigerian Exchange (NGX), gained N2.6 trillion, sustaining positive momentum for the second consecutive trading week. The market capitalization closed at N106.354 trillion, with the All-Share Index (ASI) rising by 2.36%.

Notable gainers included NCR Nigeria, SCOA Nigeria, and Deap Capital Management Trust, while decliners included Ikeja Hotel, Austin Laz Company, and Eterna. The total turnover was 4.607 billion shares worth N130.636 billion, with the financial services and industrial sectors leading in trading activities.