Nigerian Stock Market Sustains Positive Run with NCR Nigeria PLC Demand

The Nigerian stock market closed with a 0.01% gain, led by investor demand for NCR Nigeria PLC and other specific stocks. The All-Share Index (ASI) increased by 10.77 basis points to close at 166,267.60 basis points, with a year-to-date return settling at 6.9%.

Market capitalization gained N7 billion to close at N106.443 trillion. Various sector indices had mixed performances, with the NGX Industrial Goods Index advancing, while the NGX Oil & Gas Index dropped.

Notable gainers included Jaiz Bank (NGX: JAIZBANK), Mai Baker Nigeria, and decliners included Champion Breweries (NGX: CHAMPION) and Ecobank Transnational Incorporated (ETI).