Nigerian Stock Market Ends Week with Positive Growth, Financial Services and ICT Lead

The Nigerian Stock Market ended the week positively, with the Nigerian Exchange Limited (NGX) All-Share Index (ASI) rising to 171,727.49 points. Market capitalization increased to N110.235 trillion from N106.104 trillion the previous week.

The financial services sector dominated trade activities, with the ICT sector also performing well. The market recorded a total turnover volume of 2.188 billion shares valued at N50.459 billion.

The top three equities by volume were Cham Holdings Plc, Access Holdings Plc, and Universal Insurance Plc. The market snapshot on Friday showed a total of 3.860 billion shares worth N128.581 billion exchanged in 240,463 deals during the week.