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Nigeria’s equities market extended its winning streak to a fifth consecutive week, with the NGX All-Share Index leaping 7.33 per cent to close at 242,277.81 points but a sharp split in sectoral performance revealed that not all investors were sharing in the euphoria. Market capitalisation swelled by N10.66tn to reach N155.99tn, driven by aggressive…
Strong investor appetite for banking and industrial equities pushed Nigeria’s stock market to a fresh record, extending a four-week rally that added over N5.5 trillion in market value. Trading data from the Nigerian Exchange Limited showed that gains across key large-cap stocks drove the All-Share Index higher by 4.0 per cent week-on-week to 225,406.05…
A late resurgence in financial services equities provided sufficient thrust to elevate the Nigerian Exchange Limited’s benchmark indicators on Thursday, with the All-Share Index advancing 576.27 points to conclude at 203,161.81 points. The 0.28 per cent expansion translated into N370bn of fresh capitalisation, pushing aggregate market value to N130.774tn. The session’s trajectory defied underlying fragility…
