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Nigerian Stock Market Extends Gains as All-Share Index Rises to 229,240.34

The Nigerian stock market closed on a positive note, with transactions on the floor of the Nigerian Exchange reflecting renewed investor confidence. The All-Share Index gained 4,918.37 points to close at 229,240.34, up from 225,690.07 recorded in the previous trading session. The market’s year-to-date return improved to 47.43 per cent, while the month-to-date and week-to-date […]

The Nigerian stock market closed on a positive note, with transactions on the floor of the Nigerian Exchange reflecting renewed investor confidence.

The All-Share Index gained 4,918.37 points to close at 229,240.34, up from 225,690.07 recorded in the previous trading session.

The market’s year-to-date return improved to 47.43 per cent, while the month-to-date and week-to-date returns stood at -5.36 per cent and -1.21 per cent respectively.

Market capitalisation closed at ₦147.1 trillion.

A total of 855 million shares valued at ₦27.572 billion were traded in 49,609 deals.

Among the top gainers were Airtel Africa, The Initiates Plc, and OmaTek Ventures, each posting a 10 per cent gain.

On the losers’ chart, International Energy Insurance, Meyer Paints, and Fortis Global Insurance recorded the highest declines during the trading session.

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