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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…
Sustained bargain hunting in heavyweight stocks drove the Nigerian Exchange Limited market capitalisation up by N923 billion last week, extending the rally that has defined domestic equity trading in recent weeks and further strengthening investor confidence in Nigerian equities. The all-share index closed the week at 198,407.3 points, representing a 0.73 per cent week-on-week gain,…
