Nigerian Stock Market Sees Increased Trading Activity, All-Share Index Slightly Down

The Nigerian stock market witnessed heightened investor activity last week, with a total of 3.087 billion shares valued at N81.505 billion traded. This marked a decrease from the previous week's 3.748 billion shares valued at N99.865 billion.

The financial services sector dominated trading, with 1.495 billion shares worth N33.923 billion exchanged. The top three equities traded were Veritas Kapital Assurance Plc, Cutix Plc, and Secure Electronic Technology Plc.

The NGX All-Share Index depreciated by 0.09%, while market capitalization appreciated by 0.18%, closing the week at 165,370.40 points and N106.153 trillion respectively. Market breadth showed 44 equities appreciated in price, 58 depreciated, and 49 remained unchanged compared to the previous week's performance.