Market Surges as Renewed Buying Pushes NGX Higher

Nigerian Stock Exchange Trading Floor. Image Credit: NGX
Market Summary:
  • Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in ARADEL (+8.09%) and MTNN (+6.10%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose sharply by 3.77% to settle at 237,205.59 points
  • Year to date returns rose to settle at 52.43%
  • market capitalization also rose by 3.77% to close at N152.73tn ($110.62bn)
  • Activity level in the market improved with the total value and volume of stocks traded rising by 1.25% and 46.87% to settle at N69.09bn and 1.33bn units respectively.

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